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$799,000
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Property Description
Great Investment Opportunity!Start generating income immediately with this fully rented mixed-use property featuring two spacious 3-bedroom apartments and a commercial bodega storefront. All units are currently occupied, providing immediate cash flow and strong investment potential. An excellent opportunity for investors seeking a turnkey, income-producing property with established tenants. Near major highways, Jersey Gardens Outlets & EWR Int'l Airport. The store is also for sale.
Full Property Details
Full Property Details for 171 3rd St
General
- Price: $799,000
- Taxes: $16,525 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4037063
- Updated: 6/26/2026
- Added to Site: 30 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: None
Location
- County: Union
- Driving Directions: Broad St on Third St.
- Location Details: Business District
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Stories in Building: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: Mixed Use
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $819,300
- Land Assmt: $225,000
- Tax Amount: $16,525
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2904-00804-0000-00018-0000-
- Block: 804
- Lot Number: 18
Listed by Bhgre Elite
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Schools
Schools serving 171 3rd St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 1, George Washington Elementary School 250 Broadway, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.4 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 2 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 171 3rd St
Date
Details
Price
Change
Source
6/25/2026
Listed
$799,000
227.46%
MLS
2/01/2016
Sold
$244,000
—
Public Record
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
Tax History for 171 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,525
159%
$819,300
3820%
2022
$6,391
2%
$20,900
—
2021
$6,259
5%
$20,900
—
2018
$5,965
3%
$20,900
—
2017
$5,799
-4%
$20,900
—
2019
$6,024
4%
$20,900
—
2016
$5,800
6%
$20,900
—
2015
$5,455
9%
$20,900
—
2013
$4,995
—
$20,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 171 3rd St
171 3rd St, Elizabeth, NJ 07206 (MLS# 4037063) is a Retail property. 171 3rd St is currently listed for $799,000 and was received on June 25, 2026. Want to learn more about 171 3rd St? Do you have questions about finding other Retail real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

