945 Elizabeth Ave Elizabeth, NJ $ 1,595,000
945 Elizabeth Ave
$ 1,595,000
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945 Elizabeth Ave

Elizabeth, NJ, 07201
$ 1,595,000
Bedrooms-- Baths-- Sq 2,534

Monthly Estimate*

$ 9,951

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Commercial Property for sale in Elizabeth, NJ

for $1,595,000 with 4 half baths. This 2,534 square foot building was built in 1900 on a lot size of 0.05.

Seize this rare opportunity to own a fully operational, income-generating mixed-use property in the heart of vibrant Elizabeth Ave, one of Elizabeth, NJ's most desirable and bustling locations. This sale includes both the real estate and a thriving restaurant business with strong annual profits, offering an ideal investment for entrepreneurs and investors alike. Restaurant - Fully renovated in 2022, this turnkey restaurant comes complete with all equipment, machinery, furniture, fixtures, menu, and goodwill. The business is in full operation and it has been in operations for twenty plus years, generating impressive annual profits. The basement includes a dedicated office space and a full bathroom for restaurant use. Financials are available to serious buyers upon request. Residential Unit - A spacious three-bedroom apartment featuring one full bathroom, an eat-in kitchen, and a comfortable living room, perfect for rental income. Currently on a 1 year lease at $2,800 per month. Situated in the heart of Elizabeth Ave, a high-traffic area known for its vibrant community, diverse businesses, and strong foot traffic, ensuring excellent visibility and accessibility for the restaurant. Don't miss your chance to own a profitable restaurant and income-producing property in one of Elizabeth's most dynamic areas.

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Commercial Active

Price

$ 1,595,000

Half Bath

4

Property Type

Commercial

Taxes

$ 11,903

Style

MixedUse

Lot Size

0.05

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3978837

Features
General
Sewer Public Sewer
Construction Wood
Heating 2 Units Baseboard - Hotwater Forced Hot Air
Cooling 1 Unit Central Air
Utilities Gas-Natural
Possession Immediately
Roof Flat
Zoning Retail
Year Built 1900
Township Elizabeth City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District
County Union
Status Active
Directions From 1&9 to Elizabeth Ave
Number Of Units Total 2
Tax Annual Amount 11903
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 588100
Town # 2904
Tax Lot 44
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Interior
Basement Full Storage
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 2534
Lot Dimensions 21.20X100
Lot Size Acres 0.05
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* Excluded Features
List By
JAMILLE HERNANDEZ

Listing Agent

3Sixty Realty Llc

Broker

Affordability Calculator

$10,943
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,951
Monthly Property Taxes
$992
Monthly 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/1/2025$1,595,000 Listed Price

Map


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945 Elizabeth Ave, Elizabeth, NJ, 07201 is a Commercial Property for sale at $1,595,000 with 2,534 sqft and a lot size of 0.05. 945 Elizabeth Ave was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ