1003 Monroe Avenue Elizabeth, NJ $ 42,000
1003 Monroe Avenue
$ 42,000
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1003 Monroe Avenue

Elizabeth, NJ, 07201
$ 42,000
Bedrooms-- Baths-- Sq 550

Monthly Estimate*

$ 262

1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 1
1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 2
1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 3
1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 4
1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 5
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1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 7
1003 Monroe Avenue, Elizabeth, NJ 07201 - Image 8

Commercial Property for sale in Elizabeth, NJ

for $42,000 with 1 half bath. This building is 550 square feet.

Seize the opportunity to own a thriving, well-established hair salon in a desirable neighborhood of Elizabeth, NJ located on a busy corner just 2 minutes from Route 1 and 5 minutes from Newark International Airport. This well-established salon has been in business for over 10 years and is well known in the community for its consistent service, loyal clientele, and excellent reputation. The seller is relocating closer to home, creating a great opportunity for a new owner to take over a profitable and turnkey operation in a well-populated area. The salon is modern, well maintained, and continually updated with quality salon equipment. It offers strong cash flow with potential for even greater revenue by adding more services and increasing marketing efforts. The 550 sq. ft. space is fully equipped with two private rooms for massages/waxing, three styling stations, and one hair wash station. A skilled and experienced staff is in place and may be willing to stay with the new owner, allowing for a smooth transition. Financials are available upon request.

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Commercial Active

Price

$ 42,000

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Professional Service

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3981309

Features
General
Sewer See Remarks
Heating See Remarks
Cooling See Remarks
Utilities Electric Gas-Natural
Possession At Closing
Garage None
Township Elizabeth City
Ownership See Remarks
Gross Income 132747
Business Type Professional Service
Business Name Solo Wax Center LLC
County Union
Net Operating Income 102747
Operating Expense 30000
Status Active
Directions Use Waze to get on Monroe Avenue
Drive On-Street Parking
Leasable Area 550
Standard Status Active
Town # 2904
Leasehold Rent $/Mo 1900
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Exterior
Water Source See Remarks
Road Type Corner
Building Area Total 550
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Interior
Fuel Type See Remarks
Half Baths 1
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* Excluded Features
List By
GRACE S. MANCIAS

Listing Agent

America's Elite Group Llc.

Broker

Affordability Calculator

$262
Per Month
100%
0%
0%
Monthly Principal & Interest
$262
Monthly Property Taxes
--
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$42,000 -16.00% Price Down
8/15/2025$50,000 Listed Price

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1003 Monroe Avenue, Elizabeth, NJ, 07201 is a Commercial Property for sale at $42,000 with 550 sqft. The property's zip code is 07201 which is in Elizabeth, NJ