2
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$1,800,000
Est. payment /mo
6,098 SqFt
New
167 Smith St Elizabeth City, NJ 07201
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,098 sqft
Price per Sqft $295
Subdivision Union Square
MLS Listing ID 4000720
Year Built 1910
Annual Tax Amount $14,476
Tax Year 2024
Property Description
Fully renovated A-Z in 2023, this turnkey six-unit building (just under 5,000 sqft) at 167-169 Smith St features comprehensive structural and systems upgrades completed to code. Full gut renovation includes new framing, plumbing, electrical, roofing, siding, structural reinforcement, a brand-new sewer line, a full French drain system, and increased building height for enhanced interior space. Each of the six units offers a 2-bedroom, 1-bath layout approximately @750 - 1,000+ sqft each, ceiling heights over 8 ft, an intercom system, and two units (1R and 2L) include private street-level entrances. The property is equipped with six individual Navien combination boiler systems one per apartment providing heat and hot water with efficient, tenant-paid utility separation. Building operations are simple, one water meter. Gas baseboard heat, separate gas and electric meters for each unit. Located directly across from a shopping center(s) such as Point Grande Plaza, and is minutes from The Mills at Jersey Gardens, Elizabeth Center, Union Square, Broad St, Morris Avenue, Elmora Avenue, and a nearby cannabis dispensary. Only 2 miles from Newark Airport (EWR), the asset offers exceptional commuter convenience with proximity to major highways going, NJ Transit Elizabeth bus routes, and both Elizabeth NJ Transit train stations. Located within a high-demand rental market, Elizabeth, NJ remains one of New Jersey's most active and attractive investment hubs.
Location
State NJ
County Union
Zoning 6 units
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling See Remarks
Flooring Laminate, Tile
Equipment Appliances, Fire Alarm, Intercom, See Remarks, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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