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425-427 3rd ave Elizabeth, NJ $ 895,000
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425-427 3rd ave
$ 895,000
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425-427 3rd ave

Elizabeth, NJ, 07206
$ 895,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 5,511

​

Commercial Property for sale in Elizabeth, NJ

for $895,000 with 5 half baths. This 5,000 square foot building was built in 1905 on a lot size of 0.12.

425 3rd Ave, Elizabeth, NJ is a fully occupied commercial property featuring five income-producing units, offering an excellent opportunity for investors. The building includes a total of 22 rooms,7 bedrooms and 5 full bathrooms, with stable tenants already in place. The property also offers on-site parking, a valuable amenity in this area. Conveniently located near public transportation with easy access to New York City and the NJ Turnpike, this asset combines strong rental potential with a prime, commuter-friendly location.

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Commercial Active

Price

$ 895,000

Half Bath

5

Property Type

Commercial

Taxes

$ 13,312

Style

Apartment Complex

Lot Size

0.12

Year Built

1905

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4004047
Features
General
Sewer Public Available
Construction Wood
Heating Baseboard - Hotwater Heat Pump
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Gas-Natural
Possession TBD
Roof Asphalt Shingle
Zoning commercial
Garage Spaces 4
Year Built 1905
Tenant Pays Cable T.V. Electric Gas Heat See Remarks
Township Elizabeth City
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
Lease Information 1 Year Minimum Month-To-Month
County Union
Status Active
Directions Right of route 1 Nearby NJ turnpike
Number Of Units Total 5
Tax Annual Amount 13312
Drive 2 Car Width Off-Street Parking See Remarks
Leasable Area 0
Standard Status Active
Tax Assessed Value 691900
Town # 2904
Tax Lot 25
Farm Assessment No
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Interior
Basement Unfinished Walkout
Flooring Laminate Vinyl-Linoleum Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 5
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Exterior
Lot Features Corner
Water Source Public Water
Total Parking 2
Exterior Description Aluminum
Building Area Total 5000
Lot Dimensions 50X100
Lot Size Acres 0.12
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* Excluded Features
List By
DENISE FALCON

Listing Agent

Premier Homes

Broker

Affordability Calculator

$6,620
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,511
Monthly Property Taxes
$1,109
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/8/2026$895,000 Listed Price

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425-427 3rd ave, Elizabeth, NJ, 07206 is a Commercial Property for sale at $895,000 with 5,000 sqft and a lot size of 0.12. 425-427 3rd ave was built in 1905. The property's zip code is 07206 which is in Elizabeth, NJ

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