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$1,350,000
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Property Description
Investment opportunity in one of Elizabeth's fastest-growing neighborhoods. Featuring four residential apartments and two street-level commercial spaces, this property combines reliable rental income with long-term upside in a revitalizing area near the waterfront and major transit lines. Four 2-bedroom, 1-bath residential units all leased, with two recently renovated. Two commercial storefronts: One fully renovated restaurant space, ready for a new operator or owner-user. The second space, formerly Praia da Rocha Fish Market, is currently leased through December 31, 2025. Exclusive driveway and plenty of on-site parking, a rare find in the area. Separate entrances for residential and commercial tenants. Whether you're an investor seeking a cash-flowing asset or a business owner looking to operate in a high-foot-traffic area with built-in rental income, this property delivers. Surrounded by ongoing redevelopment and just minutes from the Elizabethport waterfront, this is a rare chance to stake your claim in a rising market.
Full Property Details
Full Property Details for 267 2nd
General
- Price: $1,350,000
- Taxes: $23,232
- Status: Active
- Type: Commercial
- Source: NJMLS
- MLS ID: 25025334
- Updated: 1/2/2026
- Added to Site: 185 day(s) ago
Location
- Area: Elizabeth
- County: UNION
Structural Information
- Architectural Style: Res/Com Mixed
- Roof: Flat
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $23,232
- Owner Pays: Water
Listed by RE/MAX New Millennium Group (908) 282-1234, Joao Pereira (908) 451-9230
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Schools
Schools serving 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 |
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 267 2nd
Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$1,350,000
-10%
MLS
7/17/2025
Listed
$1,500,000
307.61%
MLS
2/21/2018
Sold
$368,000
—
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 267 2nd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,512
2%
$166,900
—
2022
$14,247
1%
$166,900
—
2021
$14,161
2%
$166,900
—
2019
$13,936
1%
$166,900
—
2018
$13,859
1%
$166,900
—
2017
$13,786
2%
$166,900
—
2016
$13,482
—
$166,900
—
2015
$13,481
5%
$166,900
—
2013
$12,873
—
$166,900
—
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 267 2nd
267 2nd, Elizabeth, NJ 07206 (MLS# 25025334) is a Commercial property. 267 2nd is currently listed for $1,350,000 and was received on July 17, 2025. Want to learn more about 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.

