About This Home

This 7-bedroom, 5-bathroom residential multi family at 149 Elmora Ave in Elizabeth City, NJ is listed for $1,499,000. Built in 1925, on a N/A lot.

Key Features

  • Built in 1925
  • 7 parking spaces

Property Details

4 full, 2 half
7 spaces
1925
Listing Description

Prime mixed-use investment opportunity in the heart of Elizabeth! Located directly on vibrant Elmora Avenue, this income-producing property features 5 units total: 3 residential apartments plus 2 commercial spaces and is currently generating over $10,000 per month in gross rental income.

All tenants are on month-to-month agreements, providing flexibility for the new owner.Surrounded by restaurants, banks, supermarkets, laundromats, shops, and established businesses, the property offers excellent visibility and convenience. Ideally located near Newark Liberty International Airport, major highways, and public transportation, approxim

ately 30 minutes from Manhattan.Perfect for an investor looking to expand a portfolio or an owner-user seeking to operate a business while generating income from the remaining units. Strong cash flow, multiple income streams, excellent location, and tremendous long-term potential make 149 Elmora Ave a rare investment opportunity in Elizabeth.

Monthly Cost Estimate

$8,017/mo

20% down · 6.5% · 30 years

Principal$1,084
Interest$6,496
Insurance$437

Estimates only. Actual payments may vary.

Location

149 Elmora Ave

Elizabeth City, NJ 07202-1998

Features & Amenities

Interior Features

Carbon Monoxide DetectorSmoke DetectorWood Floors

Exterior Features

Patio

Property Details

Outdoor Features

Patio

Heating

RadiantOther (Heating)Hot Water(Heating)

Questions & Answers

This 7-bedroom, 5-bathroom residential multi family at 149 Elmora Ave is listed at $1,499,000. The estimated monthly payment is $8,017 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 7 parking spaces. Interior Features: Carbon Monoxide Detector, Smoke Detector, Wood Floors. Exterior Features: Patio.

This property is listed by RICHARD BRITO BENJAMIN.

RB

RICHARD BRITO BENJAMIN

Agent at RE/MAX SELECT

Listed by RE/MAX SELECT · Broker phone: (973) 539-6300 · View on Broker Site

MLS# 4056978· Source: Garden State MLS, LLC· 25 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

149 Elmora Ave, Elizabeth City, NJ 07202-1998

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