Date
Details
Price
Change
Source
1/02/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/33
$1,350,000
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Property Description
Mixed-use investment opportunity in a rapidly improving Elizabeth neighborhood. Property features four residential apartments and two street-level commercial spaces near the waterfront and major transportation. Residential component includes four 2-bedroom, 1-bath units, all currently leased; two units recently renovated. Commercial component offers: One fully renovated restaurant leased at $3,500/month. Second storefront, formerly Praia da Rocha Fish Market, is now vacant and ready for renovation to suit the next business. Property includes an exclusive driveway with on-site parking, separate residential and commercial entrances, and strong long-term upside supported by surrounding redevelopment and proximity to the Elizabethport waterfront.
Full Property Details
Full Property Details for 265-267 2nd
General
- Price: $1,350,000
- Taxes: $23,232 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4003164
- Updated: 1/2/2026
- Added to Site: 15 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 7
Additional Information
- Equipment: Refrigeration Unit, Restrooms - Private
Parking
- Garage Spaces: 4
- Total Spaces: 4
- Parking: 1 Car Width, Driveway-Exclusive
Location
- County: Union
- Subdivision: Elizabeth Port
- Driving Directions: Elizabeth Ave to 2nd St. Corner of Second and Clark
- Location Details: Corner
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units
- Heating Fuel: Electric, 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
- Square Feet: 5,974
- Aprox. Leasable: 5,974 Sq. Ft.
- Previous Bldg. Use: Fish Market/Restaurant- Reside
- Year Built: 1940
- Remodeled/Updated: 2025
Unit Information
- 2 Bedroom Units: 4
- Units w/Full Bath: 4
- Units w/Half Bath: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: 50X100
- Permitted Use: Mixed Use
- Zoning: R-3A
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $225
- Expenses: Taxes, Water/Sewer
- Assessment Amount: $1,207,500
- Land Assmt: $180,000
- Tax Amount: $23,232
- Tax Year: 2024
- Owner Pays: Sewer, Water
- Tenant Pays: Electric, Gas
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- APN: 2904-00818-0000-00042-0000-
- Block: 818
- Lot Number: 42
Listed by Re/Max New Millennium Group
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Listing agent
— 265-267 2nd —
Re/Max New Millennium Group
908-282-1234
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Schools
Schools serving 265-267 2nd
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 13, Benjamin Franklin Elementary School 248 Ripley Place, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.6 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.6 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.6 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.6 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.6 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 265-267 2nd
Tax History
Tax History for 265-267 2nd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,232
111%
$1,207,500
—
2023
$11,032
3%
$1,207,500
3340%
2022
$10,733
2%
$35,100
—
2021
$10,512
4%
$35,100
—
2019
$10,117
1%
$35,100
—
2018
$10,019
3%
$35,100
—
2017
$9,739
—
$35,100
—
2016
$9,740
6%
$35,100
—
2015
$9,161
9%
$35,100
—
2013
$8,388
—
$35,100
—
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 265-267 2nd
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- Single Family
- Active
- Updated 1 hour ago
- 3Beds
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Listed by Weichert Realtors
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- Condo
- Active
- Updated 13 hours ago
- 1Bed
- 1Total Bath
Listed by Coldwell Banker Realty
- Single Family
- Active
- Updated 3 hours ago
- 3Beds
- 3Total Baths
Listed by Cwj Real Estate Group Llc
- Single Family
- Active
- Updated 7 hours ago
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- 2Total Baths
Listed by Keller Williams City Views Realty
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- Commercial
- Closed
Listed by Robert Defalco Realty Llc
Sold by Gregory Letson
Sold by Gregory Letson
- Commercial
- Closed
Listed and Sold by Keller Williams Mid-Town Direct
265-267 2nd, Elizabeth, NJ 07206 (MLS# 4003164) is a Commercial property. 265-267 2nd is currently listed for $1,350,000 and was received on January 02, 2026. Want to learn more about 265-267 2nd? Do you have questions about finding other Commercial real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.