645 Magnolia Ave Elizabeth, NJ ^$ 600,000

645 Magnolia Ave

^$ 600,000

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645 Magnolia Ave

Elizabeth, NJ, 07206

^$ 600,000

Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

^$ 3,593

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Commercial Property for sale in Elizabeth, NJ

for $600,000 with 3 half baths. This building is 5,600 square feet.

Great opportunity to purchase this 3 unit mix use commercial building in an up and coming area .RESTAURANT WITH TWO APARTMENT. On the Trumbull St side of the building are two apartments which each have two bedrooms, all renovated in 2006. Building & Business Includes, all appliances, Fixtures, Furniture, and Refrigeration units. The restaurant seats 75 people. Property is being sold "as is"

Commercial Active

Price

^$ 600,000

Half Bath

Property Type

Commercial

Taxes

^$ 14,677

Style

OffcApts

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3919096

Features

General

Sewer Public Available

Construction Brick/Block

Heating 2 Units

Cooling 1 Unit Central Air

Utilities All Underground Gas-Natural

Possession At Closing

Roof Asphalt Shingle

Zoning Commercial

Year Built 9999

Tenant Pays Electric Gas Heat

Township Elizabeth City

Property Type Office/Apartments Restaurant/Bar OffcApts

Tax Year 2023

FULL Fee Simple

Location Business District Corner Residential Area

Lease Information Month-To-Month

County Union

Status Active

Directions Easts Grand change into Trumbull St. Corner of Magnolia Ave

NumberOfUnitsTotal 3

Tax Annual Amount 14677

Drive Off-Street Parking

Leasable Area 0

Standard Status Active

Tax Assessed Value 871200

Town # 2904

Tax Lot 2

Interior

Basement Full

Flooring Carpeting Wood

Fuel Type Gas-Natural

Total Stories 0

Half Baths 3

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 5600

Lot Dimensions 57.21X77.51 X IRR

* Excluded Features

List By

ROSSE MARY MENDEZ

Listing Agent

Century 21 Alliance Realty

Broker

rmendez@century21ar.net

Affordability Calculator

$4,817

Per Month

Monthly Principal & Interest: $3,593
Monthly Property Taxes: $1,223
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Elizabeth, NJ

Average List Price ^$955,248

Percent of Sale Price 59%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/15/2024	$600,000		Listed Price

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645 Magnolia Ave, Elizabeth, NJ, 07206 is a Commercial Property for sale at $600,000 with 5,600 sqft. The property's zip code is 07206 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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645 Magnolia Ave

Commercial Property for sale in Elizabeth, NJ

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