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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

Multifamily

Elmora Section - 9 Units

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

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