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Request Info$1,500,000
Active
136 Park Pl #1 Overview
- Time on Site:
- 12 days
- Visits:
- 1
Here's an MLS-style marketing description you can use and adjust once you have the exact unit mix and rents:Excellent investment opportunity in the heart of Elizabeth! This well-maintained 9-unit multifamily property sits on an oversized 75' x 100' lot and offers ample on-site parking, a rare feature for the area.The building features separate utilities for each unit, including individual boilers, providing efficient management and reduced owner expenses. Ideal for investors seeking strong cash flow and long-term appreciation potential.Conveniently located near major highways, public transportation, shopping, schools, Newark Liberty International Airport, and downtown Elizabeth. Large lot size may offer future development or expansion potential; buyers should conduct their own due diligence.Don't miss this opportunity to acquire a sizable income-producing asset in one of Union County's most active rental markets.For a more aggressive investor-focused version, I can also write one emphasizing **cap rate, cash flow, and value-add potential**.
Listing provided courtesy of UNITED REAL ESTATE- MLS# 4035246
Contact Information: 646-342-1773
Contact Information: 646-342-1773Love this property?
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136 Park Pl #1 Facts & Features
- Type Commercial
- Sq. ft. 3,750
- Price/Sq.ft. $400
- Lot 0.17 Acres
Details
General
Income/Expenses
- Expenses Include: Maintenance - Exterior, Taxes, Water/Sewer
Listing Information
- For Sale Or Lease: For Sale
Building Information
- Num Apts: 9
- Year Built: 1920
Location/Region
- County Or Parish: Union
- Location: Residential Area
Building Exterior/Construction
- Construction Date/Year Built Des: Unknown
Rent/Lease Information
- Lease Information: Month-To-Month
- Tenant Pays: Electric, Gas, Heat, Hot Water
Tax Information
- City Tax: *
- County Tax: *
- Tax Amount Tax: *
- Tax Annual Amount: $16,095.00
- Tax Assessed Value: *
- Tax Rate Amount: 2.017
- Tax Rate Year: 2025
- Tax Year: 2025
- Tax Year Tax: *
General Information
- Inclusions: Building & Land
- Property Sub Type: Apartment Complex
- Property Type: Commercial
- Zoning: r-3a
Interior
Building Information
- Available Sq Ft: 3750
- Equipment Available: Smoke Detector
- Max Ceiling Height: 0
- Max Door Height: 0
- Num 1 Bdrm Units: 5
- Num 2 Bdrm Units: 3
- Num 3 Bdrm Units: 1
- Num 4 Bed Units: 0
- Num Units w/Full Bath: 9
- Num Units w/Half Bath: 0
- Office Sq Ft: 3750
Parking Information
- Garage Spaces: 8
Beds/Baths
- Bathrooms Total: 9
Building Interior
- Building Area Total: 3750
General Information
- Basement: No
- Cooling: No Cool
- Heating: 4+ Units
- Stories: 3
Unit Information
- Unit Number: 1
Exterior
Building Information
- Number of Bays: 0
- Number of Docks: 0
Parking Information
- Parking Features: Additional Parking, Parking Lot-Exclusive
Lot Information
- Approximate Lot Size: 75X100
- Lot Size Acres: 0.17
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Formed Concrete, Wood
- Exterior Description: Concrete
- Roof: Built-Up
General Information
- Number Of Units Total: 9
- Sewer: Public Sewer
- Utilities: Gas-Natural
136 Park Pl #1 Neighborhood
Community
07206 (Elizabeth City) Demographics
31
Median Age
12,182
Population Density (per sq. mile)
11%
College Educated
$46,275
Estimated Median Income
2,234
Estimated Total Home Owners
5,806
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
136 Park Pl #1 Monthly Cost
136 Park Pl #1 Market Data
Based on the last 30 days in this zip code
$494,500
Average List Price
$657
Average Price per Square Foot
2
Properties Sold
85
Average Days on Market
2
Properties for Sale
136 Park Pl #1 History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: Garden State MLS | June 17, 2026 |