109 Orchard St - Apartments FOR SALE


Elizabeth, NJ 07208
$975,000 USD
908-220-0613
109 Orchard St, Elizabeth, NJ for Sale
$975,000 USD
Apartments - FOR SALE
1/30
null | 7% Cap Rate

109 Orchard St
Elizabeth, NJ 07208


HIGHLIGHTS

  • Located on a desirable R-3A mixed-use lot, allowing multi-family use with potential mixed-use flexibility (buyer to verify)
  • Four-family building with 9 bedrooms, 4 full baths, and two vacant units, offering immediate value-add opportunity.
  • Situated in the heart of Elizabeth near parks, schools, shopping, major highways, and public transportation to NYC.

OVERVIEW

Distinguished 4-family residence in the heart of Elizabeth, offering scale, flexibility, and long-term potential. Featuring a total of 9 bedrooms and 4 full bathrooms, and zoned for mixed use. The property is presently operated as a 4-unit residential building, with potential to revert to mixed-use pending review and approval by the Township of Elizabeth. This property presents a compelling opportunity for investors and owner-occupants seeking to add value. There are 2 vacant units. Generous layouts, high ceilings, and abundant natural light provide a strong foundation that preserves the classic architectural character. Situated on a desirable R-3A mixed-use lot in one of Union County's most established neighborhoods, the property benefits from proximity to parks, schools, shopping, dining, and essential services. Commuters enjoy convenient access to major highways, public transportation, and routes to New York City. Whether envisioned as an owner-occupied residence with supplemental income or a strategically positioned investment, this property offers versatility, location, and upside for buyers focused on long-term growth.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

4

PRICE/UNIT

$243,750

CAP RATE

7%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3A

APN/PARCEL ID

04-00013-0000-01012

ASK ABOUT THIS PROPERTY

Priscila RosasSignature Realty NJ LLCMore Info
908-220-0613

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Priscila RosasSignature Realty NJ LLCMore Info
908-220-0613

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.