345-347 2nd St | Elizabeth, NJ 07206
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345-347 2nd St
Elizabeth, NJ 07206
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,924 SF
Building Class
B
Year Built
1890
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.03
Lot Size
0.11 AC
Zoning
Commercial
Parking
10 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
ABOUT 345-347 2ND ST , ELIZABETH, NJ 07206
This property consists of a bar restaurant on the first floor and 11 separate rooms with three bathrooms. Each room is rented at $125 per week and another four room apartment. The first floor business is paying $3,200 per month and the separate apartment is paying $1,000 per month. Parking for five cars. Gross income is $121,900. Expenses $42,570 and net income $79,330 345-347 2nd st. Elizabeth New Jersey
PROPERTY TAXES
| Parcel Number | 04-00001-0000-00747 | Improvements Assessment | $898,400 |
| Land Assessment | $350,000 | Total Assessment | $1,248,400 |
PROPERTY TAXES
Parcel Number
04-00001-0000-00747
Land Assessment
$350,000
Improvements Assessment
$898,400
Total Assessment
$1,248,400
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