416 S 5Th St, Elizabethport, NJ, 07206
About This Home
Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit. The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces. Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property. Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1954
Materials
- Roof: Rubber
- Construction materials: Brick
Notable Dates
- Major remodel year: 2020
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven - Gas,Refrigerator,Gas Water Heater
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2.1
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- See Remarks,Bedrooms,Kitchen,Living/Dining Room,Den,Eat-In Kitchen,Living Room
- Number of fireplaces: 9
- Fireplace: Yes
Heating & Cooling
- Heating features: 3 Units,Baseboard - Hotwater,Forced Air,Natural Gas
- Cooling features: 1 Unit,Central Air
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 2904006850000000070000
- Exclusions: Personal property - Business is not for sale
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Features: Level
- Lot size dimensions: 25 x 100
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $371 | $4,452 |
| Property Taxes | $1,860 | $22,320 |
| Electricity | $193 | $2,318 |
| Total | $7,986 | $95,832 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-16 | Price change | $990,000 |
| 2026-07-16 | Price change | $1,100,000 |
| 2026-06-24 | Price change | $1,130,000 |
| 2026-06-07 | Listed for sale | $1,200,000 |
| 2025-12-17 | Listing removed | $2,100 |
| 2025-12-12 | Price change | $2,100 |
| 2025-11-04 | Listed for rent | $2,200 |
| 2025-08-09 | Listing removed | $2,200 |
| 2025-08-04 | Price change | $2,200 |
| 2025-07-09 | Listed for rent | $2,300 |
| 2025-05-13 | Listing removed | $2,300 |
| 2025-04-08 | Price change | $2,300 |
| 2025-03-19 | Listed for rent | $2,400 |
| 2024-11-20 | Listing removed | $2,200 |
| 2024-10-17 | Price change | $2,200 |
| 2024-10-09 | Listed for rent | $2,300 |
| 2021-07-14 | Listing removed | -- |
| 2021-07-11 | Listed for rent | $1,600 |
| 2018-07-26 | Listing removed | $329,000 |
| 2018-07-25 | Sold | $310,000 |
| 2018-01-10 | Pending sale | $329,000 |
| 2017-11-27 | Listed for sale | $329,000 |
For Sale by Agent
View on Zillow