NJ > Elizabeth City
Elizabeth City, NJ 07201,945 Elizabeth Ave
Elizabeth City, NJ 07201,945 Elizabeth Ave
Elizabeth City, NJ 07201,945 Elizabeth Ave
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Giovanni Maggipinto

Giovanni Maggipinto

+1(908) 872-7635
$1,595,000
Est. payment /mo
2,534 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $629

MLS Listing ID 3978837

Year Built 1900

Annual Tax Amount $11,903

Tax Year 2024

Lot Size 2,178 Sqft

Property Sub-Type Mixed Use

Property Description

Seize this rare opportunity to own a fully operational, income-generating mixed-use property in the heart of vibrant Elizabeth Ave, one of Elizabeth, NJ's most desirable and bustling locations. This sale includes both the real estate and a thriving restaurant business with strong annual profits, offering an ideal investment for entrepreneurs and investors alike. Restaurant - Fully renovated in 2022, this turnkey restaurant comes complete with all equipment, machinery, furniture, fixtures, menu, and goodwill. The business is in full operation and it has been in operations for twenty plus years, generating impressive annual profits. The basement includes a dedicated office space and a full bathroom for restaurant use. Financials are available to serious buyers upon request. Residential Unit - A spacious three-bedroom apartment featuring one full bathroom, an eat-in kitchen, and a comfortable living room, perfect for rental income. Currently on a 1 year lease at $2,500 per month. Situated in the heart of Elizabeth Ave, a high-traffic area known for its vibrant community, diverse businesses, and strong foot traffic, ensuring excellent visibility and accessibility for the restaurant. Don't miss your chance to own a profitable restaurant and income-producing property in one of Elizabeth's most dynamic areas.

Location

State NJ

County Union

Zoning Retail

Rooms

Basement Full, Storage

Interior

Heating Gas-Natural

Cooling 1 Unit, Central Air

Equipment Appliances, Fire Alarm, Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Sign - Building, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by 3SIXTY REALTY LLC

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agent

Giovanni Maggipinto

+1(908) 872-7635

Realtor Associate | License ID: 1644529

Realtor Associate License ID: 1644529

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