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$1,800,000

  • For Sale
  • Active
  • Apartment
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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, 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.

Full Property Details for 167 Smith St

General

  • Price: $1,800,000
  • Taxes: $14,476 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Garden_State
  • MLS ID: 4000720
  • Updated: 12/9/2025
  • Added to Site: 96 day(s) ago

Business

  • Includes: Building Only

Rental Information

  • Lease/Rent Term: Gross
  • Lease Includes: Sewer

Interior

  • Flooring: Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Restrooms: 6

Additional Information

  • Equipment: Appliances, Fire Alarm, Intercom, See Remarks, Smoke Detector

Exterior

  • Color: MediumGrey

Parking

  • Parking: See Remarks

Location

  • County: Union
  • Subdivision: Union Square
  • Driving Directions: Dowd Ave ramp to North Ave, Continue onto Dowd Ave, Turn right onto Division St, Continue on Livingston St. Take Lafayette St to Smith St, #167-169
  • Location Details: Corner, Residential Area

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: See Remarks
  • Exterior Const.: See Remarks
  • Basement: Yes
  • Basement Desc.: Full, Unfinished, Walk-Out
  • Roof: Flat
  • Ceiling Height: 8
  • Door Dimensions: 8
  • Stories in Building: 3
  • Square Feet: 4,950
  • Aprox. Leasable: 6,098 Sq. Ft.
  • Year Built: 1910
  • Remodeled/Updated: 2023

Unit Information

  • 2 Bedroom Units: 6
  • Units w/Full Bath: 6

Lot Features

  • Lot Size: 48XIRR
  • Permitted Use: 6 Units
  • Zoning: 6 units

Financial Considerations

  • Price Per Sq. Ft.: $387
  • Expenses: Insurance, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Taxes, Water/Sewer
  • Operating Expenses: $34,974
  • Assessment Amount: $752,400
  • Land Assmt: $300,000
  • Tax Amount: $14,476
  • Tax Year: 2024
  • Owner Pays: Repairs, Sewer
  • Tenant Pays: Electric, Gas, Heat, Hot Water
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Building Plans, Income & Expenses, Leases, See Remarks, Survey Available
  • APN: 2904-00584-0000-00007-0000-
  • Block: 584
  • Lot Number: 7

Listed by Bhgre Elite

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Listing agent

— 167 Smith St —

  • Bhgre Elite

908-316-8530

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 167 Smith St

School District:Elizabeth City School District
NameGradesDistance
No 3 Lacorte Peterstown
700 2nd Avenue, Elizabeth, NJ 07202
PK-80.4 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 167 Smith St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/06/2025
Listed
$1,800,000
271.13%
MLS
9/09/2021
Sold
$485,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 167 Smith St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,476
13%
$752,400
—
2023
$12,855
3%
$752,400
1740%
2022
$12,507
4%
$40,900
—
2020
$11,972
3%
$40,900
—
2018
$11,674
3%
$40,900
—
2017
$11,349
—
$40,900
—
2016
$11,349
-4%
$40,900
—
2019
$11,789
10%
$40,900
—
2015
$10,674
9%
$40,900
-3%
2013
$9,774
—
$42,000
3%
2013
$9,774
—
$40,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Bhgre Elite

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167 Smith St, Elizabeth, NJ 07201 (MLS# 4000720) is a Apartment property. 167 Smith St is currently listed for $1,800,000 and was received on December 06, 2025. Want to learn more about 167 Smith St? Do you have questions about finding other Apartment real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

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