50 3rd St Elizabeth, NJ $ 450,000
50 3rd St
$ 450,000
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50 3rd St

Elizabeth, NJ, 07206
$ 450,000
Bedrooms-- Baths-- Sq 1,900

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Elizabeth, NJ

for $450,000 with 2 half baths. This building is 1,900 square feet.

Bar and Restaurant, established business of 18 years. Lease includes property taxes, sewer and water. Consumption Liquor License included. Monthly utility bill approx. $1,550. See attachment for equipment included. Also, camera system and camera's included. NOT included: billiard table & equipment, music sound system for karaoke and jukebox. Assigned one parking space for owner of business.

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Commercial Active

Price

$ 450,000

Half Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

3996617

Features
General
Sewer Public Available
Heating 2 Units
Cooling 1 Unit Central Air
Utilities Electric Gas-Natural
Possession TBA
Garage None
Township Elizabeth City
Ownership Corporation
Location Corner
Gross Income 55000
Business Type See Remarks
Business Name Armando's Place LLC
County Union
Net Operating Income 8000
Operating Expense 36000
Status Active
Directions Elizabeth Ave to 3rd Street corner of Franklin Street.
Drive Assigned
Leasable Area 1900
Standard Status Active
Town # 2904
Leasehold Rent $/Mo 3350
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Interior
Basement Full Unfinished
Fuel Type Gas-Natural
Half Baths 2
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Exterior
Water Source Public Water
Road Type City/Town Street Corner
Building Area Total 1900
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* Excluded Features
List By
FERNANDO A RIVERA

Listing Agent

Village Green Realtors

Broker

fernrive@hotmail.com

Email

Affordability Calculator

$2,771
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/17/2026$450,000 -10.00% Price Down
11/6/2025$500,000 Listed Price

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50 3rd St, Elizabeth, NJ, 07206 is a Commercial Property for sale at $450,000 with 1,900 sqft. The property's zip code is 07206 which is in Elizabeth, NJ