620-622 Elizabeth Avenue Elizabeth, NJ ^$ 3,225,000

620-622 Elizabeth Avenue

^$ 3,225,000

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620-622 Elizabeth Avenue

Elizabeth, NJ, 07206

^$ 3,225,000

Bedrooms-- Baths-- Sq 11,608

Monthly Estimate*

^$ 20,120

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Commercial Property for sale in Elizabeth, NJ

for $3,225,000. This 11,608 square foot building was built in 1900 on a lot size of 0.1148.

2 Retail spaces(presently rented as one unit), 7 apartments(3-1BR,4-2BR)(6 units have balconies,1st floor does not,lease ends 6/2025)/ CAC all units/all utilities divided, individual w/s/full basement,w utility room/ Owner financing available/ Don't miss out on this one!

Commercial Active

Price

^$ 3,225,000

Property Type

Commercial

Taxes

^$ 31,749

Style

Multi Family

Lot Size

0.1148

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

2503739R

Features

General

Living Area 11608

Sewer Public Sewer

Heating See Remarks

Cooling Central Air

Utilities Electricity Connected Natural Gas Connected

Roof Asphalt

Zoning comm

Gas Y/N Natural Gas

Year Built 1900

Tenant Pays Sewer Water

Stories Count 3

Levels Entire Building Three Or More See Remarks

Property Subtype Multi Family

Tax Year 2023

County Union

Property Type Commercial Sale

MaintenanceExpense 0

Full Baths 0

Close Price 0

Status Active

City Elizabeth

Number Of Units Total 7

Lot Size Square Feet 5001

Tax Annual Amount 31749

Virtual Tour https://www.propertypanorama.com/instaview/msx/2503739R

Living Area Units Square Feet

Standard Status Active

Interior

Flooring See Remarks

Total Stories 3

Half Baths 0

Total Baths 0

Exterior

Parking Features On Street

Lot Features Near Shopping Commercial Area

Water Source Public

Total Parking 0

Lot Size Area 0.1148

Building Area Total 11608

Lot Dimensions 100.00 x 50.00

Lot Size Acres 0.1148

* Excluded Features

List By

IVAN GUTIERREZ

Listing Agent

Boraie Realty, Llc

Broker

ivanrtplus@gmail.com

Affordability Calculator

$22,766

Per Month

Monthly Principal & Interest: $20,120
Monthly Property Taxes: $2,646
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$1,019,849

Percent of Sale Price 68%

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.

392003 Elementary School

392100 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2024	$3,225,000		Listed Price

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620-622 Elizabeth Avenue, Elizabeth, NJ, 07206 is a Commercial Property for sale at $3,225,000 with 11,608 sqft and a lot size of 0.1148. 620-622 Elizabeth Avenue was built in 1900. 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 6.375% 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 web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided.

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620-622 Elizabeth Avenue

Commercial Property for sale in Elizabeth, NJ

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