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

Elizabeth, NJ, 07201
$ 1,595,000
Bedrooms-- Baths1.3 Sq 2,534

Monthly Estimate*

$ 9,951

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Commercial Property for sale in Elizabeth, NJ

for $1,595,000 with 1 full bath, 3 half baths. This 2,534 square foot building was built in 1900 on a lot size of 0.0487.

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

Full Bath

1

Half Bath

3

Property Type

Commercial

Taxes

$ 12,198

Style

Investment

Lot Size

0.0487

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

2601975R

Features
General
Living Area 2534
Sewer Public Sewer
Utilities Natural Gas Connected
Roof Flat
Appliances Refrigerator
Zoning Retail
Gas Y/N Natural Gas
Year Built 1900
Tenant Pays Electricity Gas Heat
Stories Count 2
Levels Two
Property Subtype Investment
Tax Year 2023
County Union
Property Type Commercial Sale
MaintenanceExpense 0
Full Baths 1
Close Price 0
Status Active
City Elizabeth
Number Of Units Total 1
Lot Size Square Feet 2121
Tax Annual Amount 12198
Virtual Tour https://www.propertypanorama.com/instaview/msx/2601975R
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Tile Wood
Total Stories 2
Heating Y/N No
Half Baths 3
Total Baths 4
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Exterior
Parking Features On Street
Lot Features Business District
Water Source Public
Total Parking 0
Lot Size Area 0.0487
Building Area Total 2534
Lot Dimensions 100.00 x 0.00
Lot Size Acres 0.0487
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* Excluded Features
List By
JAMILLE M. HERNANDEZ

Listing Agent

3Sixty Realty Llc

Broker

jamillerealestate@gmail.com

Email

Affordability Calculator

$10,967
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,951
Monthly Property Taxes
$1,017
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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Nearby
392003 Elementary School
392100 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2025$1,595,000 Listed Price

Map


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945 Elizabeth Avenue, Elizabeth, NJ, 07201 is a Commercial Property for sale at $1,595,000 with 2,534 sqft and a lot size of 0.0487. 945 Elizabeth Avenue has 1.3 baths and was built in 1900. The property's zip code is 07201 which is in Elizabeth, NJ