Commercial Real Estate for Lease at 167 Smith St in Elizabeth City, NJ for $1,800,000

167 Smith St | Elizabeth City

$1,800,000 | 6 Baths (6 Half) | 6,098 Sq. Ft.

Fully renovated A-Z in 2023, this turnkey six-unit building (just under 5,000 sqft) at 167-169 Smith St features comprehensive structural and systems upgrades completed to code. Full gut renovation includes new framing, plumbing, electrical, roofing, siding, structural reinforcement, a brand-new sewer line, a full French drain system, and increased building height for enhanced interior space. Each of the six units offers a 2-bedroom, 1-bath layout approximately @750 - 1,000+ sqft each, ceiling heights over 8 ft, an intercom system, and two units (1R and 2L) include private street-level entrances. The property is equipped with six individual Navien combination boiler systems one per apartment providing heat and hot water with efficient, tenant-paid utility separation. Building operations are simple, one water meter. Gas baseboard heat, separate gas and electric meters for each unit. Located directly across from a shopping center(s) such as Point Grande Plaza, and is minutes from The Mills at Jersey Gardens, Elizabeth Center, Union Square, Broad St, Morris Avenue, Elmora Avenue, and a nearby cannabis dispensary. Only 2 miles from Newark Airport (EWR), the asset offers exceptional commuter convenience with proximity to major highways, NJ Transit Elizabeth bus routes, and both Elizabeth NJ Transit train stations. Located within a high-demand rental market, Elizabeth, NJ remains one of New Jersey's most active and attractive investment hubs. GSMLS 4000720

Directions to property: Dowd Ave ramp to North Ave, Continue onto Dowd Ave, Turn right onto Division St, Continue on Livings

MLS Listing ID: 
GSMLS 4000720
Listing Category: 
Lease
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,800,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Elizabeth City
Address: 
167 Smith St, Elizabeth City, NJ 07201-2751, U.S.A.
County: 
Union
Latitude: 
40.6635900
Longitude: 
-74.2015100
Directions: 
Dowd Ave ramp to North Ave, Continue onto Dowd Ave, Turn right onto Division St, Continue on Livings
Public Remarks: 
Fully renovated A-Z in 2023, this turnkey six-unit building (just under 5,000 sqft) at 167-169 Smith St features comprehensive structural and systems upgrades completed to code. Full gut renovation includes new framing, plumbing, electrical, roofing, siding, structural reinforcement, a brand-new sewer line, a full French drain system, and increased building height for enhanced interior space. Each of the six units offers a 2-bedroom, 1-bath layout approximately @750 - 1,000+ sqft each, ceiling heights over 8 ft, an intercom system, and two units (1R and 2L) include private street-level entrances. The property is equipped with six individual Navien combination boiler systems one per apartment providing heat and hot water with efficient, tenant-paid utility separation. Building operations are simple, one water meter. Gas baseboard heat, separate gas and electric meters for each unit. Located directly across from a shopping center(s) such as Point Grande Plaza, and is minutes from The Mills at Jersey Gardens, Elizabeth Center, Union Square, Broad St, Morris Avenue, Elmora Avenue, and a nearby cannabis dispensary. Only 2 miles from Newark Airport (EWR), the asset offers exceptional commuter convenience with proximity to major highways, NJ Transit Elizabeth bus routes, and both Elizabeth NJ Transit train stations. Located within a high-demand rental market, Elizabeth, NJ remains one of New Jersey's most active and attractive investment hubs.
Community Information
Subdivision: 
Union Square
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1910
Living Area: 
6,098
Basement: 
Full, Unfinished, Walkout
Construction
Construction Materials: 
See Remarks
Roof: 
Flat
Exterior: 
See Remarks
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
6
Total Half-Bathrooms: 
6
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
See Remarks
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Size (Dimensions): 
48XIRR
Waterfront: 
0
Lot Features
Driveway: 
See Remarks
Parking Type: 
See Remarks
Total Parking Spaces: 
0
Public Record
Parcel Number: 
2904-00584-0000-00007-0000-
Lot Number: 
7
Annual Tax: 
$14,476.00
Property Zoning: 
6 units
Contract Details
Details about the listing contract.
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
BHGRE ELITE

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