62 3Rd St, Elizabeth City, NJ 07206
Union County
Key Facts
Description
Turn key mixed-use investment opportunity at 62 3rd Street in Elizabeth. This fully renovated building offers an excellent location with strong income potential. The property features three units, including one street-level commercial space currently leased to a mobile business and two residential apartments, with one that is tenant-occupied and the other is tenant-ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
2026
Stories
2
Living Area
2,695 sq ft
Lot Size
0.06 acres
Ownership
Fee Simple
Days on Market
80
MLS® Listing#
4023375
Property Features
Heating
Basement
Parking
Construction
Security
Water Source
Financial Details
Annual Taxes
$12,307
Tax year 2025
Assessed Value
$610,200
Parcel Number
2904-00730-0000-00016-0000-
Directions
Franklin Street to 3rd street
Affordability Calculator
$190,000
Estimated monthly payment
$5,056/mo
Principal $760,000 · Est. interest $1,060,268 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elizabeth City, NJ
- $616,971
- Median Listing Price
- 48
- Median Days on Market
- 1,370
- Median Sq Ft
- $425
- Median Price / Sq Ft
- 3,195
- Active Listings
- This home’s price is 54% above the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elizabeth City, NJ.
Location
Points of Interest in Elizabeth City, NJ
Showing the Elizabeth City area map.
Nearby Schools
Number 1 Elementary School
Elementary · 0.2 mi away
Iprep Academy School No 8
Elementary · 0.3 mi away
St Patrick High School
Secondary · 0.3 mi away
Terence C Reilly School 7
Secondary · 0.3 mi away
Number 70 Elementary School
Elementary · 0.3 mi away
Juan Pablo Duarte - Jose Julian Marti School No 28
Elementary · 0.4 mi away
Sonia Sotomayor School No. 25
Elementary · 0.4 mi away
John Marshall School
Elementary · 0.5 mi away
Number 15 Elementary School
Elementary · 0.6 mi away
Benjamin Franklin School No. 13
Elementary · 0.6 mi away
Nicholas S. Lacorte-Peterstown School No. 3
Elementary · 0.8 mi away
Dr Martin Luther King Center
School · 0.8 mi away
St Anthony's Convent
School · 0.9 mi away
William F. Halloran School No.22
Secondary · 1.0 mi away
Elizabeth High School
Secondary · 1.0 mi away
Adm W F Halsey Leadershp Academy
School · 1.1 mi away
John E. Dwyer Technology Academy
School · 1.2 mi away
Elizabeth High School - Frank J Cicarell Academy
Secondary · 1.2 mi away
Elizabeth High School
Secondary · 1.2 mi away
Joseph Battin Elementary School
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 360 Sanford Ave, Newark City, NJ | $665,000 | 6 | 4 | 2,368 |
| 61 Homestead St, Clifton City, NJ | $665,000 | 3 | 2 | 2,100 |
| 159 2ND ST 304, Jersey City, NJ | $665,000 | 1 | 1 | 890 |
| 68 Lindsley Ave, Newark City, NJ | $665,000 | 5 | 6 | 3,477 |
| 37 N 16Th St, East Orange City, NJ | $665,000 | 6 | 2 | — |
| 70 BOWERS ST 2, Jersey City, NJ | $665,000 | 3 | 2 | 1,100 |
Moving Cost Estimate
EXIT Agents in Elizabeth City
Listing Courtesy: BURGOS REALTY COMPANY - 9733376475