Prime redevelopment opportunity in the heart of Elizabeth! This 6-story, 18,000 sq ft building at 221-223 Broad St is delivered vacant and ready for transformation with approved plans for 12 residential units plus ground-floor commercial space and a full basement, offering ample space for a variety of uses. The property features both passenger and freight elevators and boasts immediate access to NYC trains, major bus lines, and nearby parking. Investors will appreciate the value-add potential and flexible layout, creating endless possibilities for modern residential units or thriving commercial spaces. With its prime location near transportation and local amenities, this property is ideal for those looking to unlock significant upside and bring their vision to life in one of Elizabeth?s most dynamic neighborhoods. Don?t miss this rare chance to shape the future of a centrally located building and maximize your investment. Schedule a tour today and explore the possibilities this exceptional property has to offer!
221 Broad St, Elizabeth City NJ 07201-2303
Property City
Elizabeth City
Property Price
$3,000,000
Year Built
1960
Tax Annual Amount
$42257
TaxYear (*text)
2024
Roof (*text)
Flat
MLS Status
Active
MLS #
4007811
Yearly Tax Rate
1.924
Year Built (*numeric)
1960
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
See Remarks
Heating
See Remarks
Lot Size Dimensions
38.58X92.75X110
Data import from
GSMLS