119 Clark Pl - Apartments FOR SALE


Elizabethport, NJ 07206
$899,000 USD
908-624-1222

NO PHOTO

$899,000 USD
Apartments - FOR SALE
null | Request Cap Rate

119 Clark Pl
Elizabethport, NJ 07206


HIGHLIGHTS

  • Four-unit multi-family building on a 30x100 lot with off-street parking and a one-car garage.
  • Convenient access to the NJ Turnpike, public transportation, and local retail.
  • Features include enclosed porches, privacy fencing, thermal windows, and window treatments.
  • Utilities include public water, public sewer, and in-street gas service with cable TV availability.
  • Gas-baseboard heating and eat-in kitchens in all units enhance residential comfort.
  • Located in an established residential area within commuting distance to regional employment hubs.

OVERVIEW

Located at 119 Clark Place in Elizabeth, NJ, this four-unit residential property presents an attractive investment opportunity or an option for owner-occupancy. Each unit offers functional layouts with bedrooms and eat-in kitchens, complemented by features like blinds, window treatments, and smoke detection systems. Enclosed porches, privacy fences, and thermal windows enhance comfort and livability, while off-street parking with a one-car driveway and a detached garage add to the property’s practicality. The asset is positioned within a well-connected neighborhood with proximity to key commuter routes, including quick access to the New Jersey Turnpike. Public transit, local retail, and community amenities are available nearby, making the property appealing to tenants and residents alike. Essential utilities such as electric, gas, water, and sewer are in place, while heat is provided through gas-powered baseboard systems. With stable regional rental demand and minimal comparable inventory, this property represents a compelling opportunity for investors seeking steady income potential in a vibrant Northern New Jersey market.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,076 SF

ZONING

-

APN/PARCEL ID

04-00818-0000-00027

ASK ABOUT THIS PROPERTY

Stephen BuchStuyvesant Yale, LLC.More Info
908-624-1222

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Stephen BuchStuyvesant Yale, LLC.More Info
908-624-1222

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