Multifamily
Elmora Section - 9 Units
423 Jersey Ave, Elizabeth, NJ 07202
Listing Price: $1,600,000
Cap Rate
6.12%
Number of Units
9
GRM
9.49
Occupancy
100.0%
Price/Unit
$177,778
Price/Gross SF
$289.91
Gross SF
5,519
Investment Overview
Marcus & Millichap is pleased to exclusively present 423 Jersey Avenue, Elizabeth, Union County, New Jersey.
Investment Highlights
- 100% Occupied Multifamily Asset.
- Well-Maintained Property Featuring Nine Residential Apartments with On-Site Parking.
- Positioned Near Elmora Avenue, One of Elizabeth's Primary Commercial Corridors.
Exclusively Listed By
Listing Price: $1,600,000
Cap Rate
6.12%
Number of Units
9
GRM
9.49
Occupancy
100.0%
Price/Unit
$177,778
Price/Gross SF
$289.91
Gross SF
5,519
Investment Highlights
- 100% Occupied Multifamily Asset.
- Well-Maintained Property Featuring Nine Residential Apartments with On-Site Parking.
- Positioned Near Elmora Avenue, One of Elizabeth's Primary Commercial Corridors.
Investment Overview
Marcus & Millichap is pleased to exclusively present 423 Jersey Avenue, Elizabeth, Union County, New Jersey.
Exclusively Listed By