62 3Rd St #3, Elizabethport, NJ, 07206
About This Home
Turn key mixed-use investment opportunity at 62 3rd Street in Elizabeth. This fully renovated building offers an excellent location with strong income potential. The property features three units, including one street-level commercial space currently leased to a mobile business and two residential apartments, with one that is tenant-occupied and the other is tenant-ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 2026
Materials
- Roof: See Remarks
- Construction materials: See Remarks
Notable Dates
- Major remodel year: 2026
Type & Style
- Home type: Apartment
- Property subType: Apartment
Interior
Basement
- Has basement: Yes
- Basement: Yes,Storage Space,Unfinished
Bedrooms & Bathrooms
- Bathrooms: 4
Features
- Door features: Max Door Height: 0
Heating & Cooling
- Heating features: 3 Units,Natural Gas
- Cooling features: 3 Units
Interior Area
- Total structure area: 2,695
- Total interior livable area: 2,695 sqft
Property
Details
- Parcel number: 2904007300000000160000
- Attached to another structure: Yes
- Zoning description: RES
- Other equipment: See Remarks
Features
- Stories: 2
Lot
- Lot size: 2,613 sqft
- Features: Residential Area,See Remarks
- Lot size dimensions: 25.84 x 100
Parking
- Parking features: Off-Street Parking
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
- Winter Weather
- Coastal Flooding
- Heat Wave
- Lightning
- Strong Wind
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 | $4,803 | $57,636 |
| Home Insurance * | $320 | $3,840 |
| Property Taxes | $1,607 | $19,284 |
| Electricity | $297 | $3,565 |
| Total | $7,027 | $84,324 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Listed for sale | $975,000 |
View on Zillow