261-263 Second St

Elizabeth, NJ 07206

$999,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of building along with the road and shops
a car parked in front of a building
a dining room with furniture a flat screen tv and couches
a dining room with furniture and wooden floor
a kitchen with a sink a stove and chairs
a bathroom with a sink toilet and shower
a bathroom with a sink toilet and mirror
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a view of a hallway with dining area
a bed sitting in a bedroom next to a window
a view of a workspace with furniture and wooden floor
a view of street with shops
a picture of outdoor space
a outdoor space with lots of lights
a room with lots of furniture and toys
a view of a entryway with a lot of stuff and furniture
a view of a storage & utility room
a bathroom with a sink and mirror with toilet
a view of a workspace with furniture
a living room with furniture and a window
a living room with furniture
a view of a kitchen and dining room
a bedroom with a bed and a window
a bathroom with a sink a toilet and shower
a bedroom with two beds and a chandelier

Description

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom...Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
  1. Listed by Joao Pereira • RE/MAX New Millennium Group
    P: (908)-451-9230 admin@newmillenniumre.com

Amenities

  • Private Entrance
LISTING UPDATED: 09/30/2025 02:10 PM

Property Details for 261-263 Second Street

StatusActive - Active
MLS #25018224
Days on Market258
Taxes$16,640 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyUnion County

Location

Listing Courtesy of RE/MAX New Millennium Group, Joao Pereira
Add your commute

Payment Calculator

$6,256 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,869

Property Taxes

$1,387

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 261-263 Second Street

Summary
Location and General Information
  • Area name: Elizabeth
  • Street Name: 2nd
  • County Name: UNION
  • Status: Active
  • Zip Code: 07206
Taxes and HOA Information
  • Other Charges: True
  • Tax: $16,640
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
  • Propertype ro: Gas, Munincipal Water, Sewer
Property and Assessments
  • Photo Number: 28
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
Agent
Sale and Listing Information
  • Management Phone: (908) 451-9230
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $999,000.00
  • Listing Date: 05-27-2025
  • Status Date: 09-29-2025
Showing Information
  • Internet Remarks: Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
Rental
Rental Information
  • Owner pays: None

Property History for 261-263 Second Street

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Price Change

NJMLS #25018224

$999,000—
May 26, 2025

Listed (Active)

NJMLS #25018224

$1,300,000—
DateEvent & SourcePrice
09/30/2025

Price Change

NJMLS #25018224

$999,000
05/26/2025

Listed (Active)

NJMLS #25018224

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 261-263 Second Street

Taxable ValueLand$11,200Additions$23,000Total$34,200
Tax Record2022$10,458 ($872 / month)
Home Facts
Total Finished SqFt6,425 SqFtAbove Grade Finished SqFt6,425 SqFtStories2Lot Size5,001 SqFtStyleMiscellaneous CommercialCountyUNIONAPN04 00815-0000-00001

Schools near 261-263 Second Street

This home is within Elizabeth Public School District.
Rating
School
Type
Grades
Distance
Number 13, Benjamin Franklin Elementary School
Public - K to 8
Elizabeth High School
Public - 9 to 12
REP ACADEMY SCHOOL NO.8
Public - K to 8
Jerome Dunn Academy No 9
Public - K to 8
Rating
School
Distance
Number 13, Benjamin Franklin Elementary School
PublicK to 8

Elizabeth High School
Public9 to 12

REP ACADEMY SCHOOL NO.8
PublicK to 8

Jerome Dunn Academy No 9
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 261-263 Second Street, Elizabeth, NJ 07206

261-263 Second Street is a mixed use property for sale in Elizabeth, NJ 07206. This property was listed for sale on May 27, 2025 by RE/MAX New Millennium Group, it's currently listed at $999,000. This listing's school district is Elizabeth Public School District. Nearby schools include Number 13, Benjamin Franklin Elementary School, Elizabeth High School and REP ACADEMY SCHOOL NO.8. 261-263 Second Street is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX New Millennium Group, Joao Pereira

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 02/09/2026 09:41 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 02/09/2026 09:41 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.