221 Broad St Elizabeth, NJ $ 3,000,000
221 Broad St
$ 3,000,000
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221 Broad St

Elizabeth, NJ, 07201
$ 3,000,000
Bedrooms-- Baths-- Sq 18,000

Monthly Estimate*

$ 18,472

221 Broad St, Elizabeth, NJ 07201 - Image 1
221 Broad St, Elizabeth, NJ 07201 - Image 2

Commercial Property for sale in Elizabeth, NJ

for $3,000,000 with 2 half baths. This 18,000 square foot building was built in 1960.

Prime redevelopment opportunity in the heart of Elizabeth! This 6-story, 18,000 sq ft building at 221-223 Broad St is delivered vacant and ready for transformation with approved plans for 12 residential units plus ground-floor commercial space and a full basement, offering ample space for a variety of uses. The property features both passenger and freight elevators and boasts immediate access to NYC trains, major bus lines, and nearby parking. Investors will appreciate the value-add potential and flexible layout, creating endless possibilities for modern residential units or thriving commercial spaces. With its prime location near transportation and local amenities, this property is ideal for those looking to unlock significant upside and bring their vision to life in one of Elizabeth?s most dynamic neighborhoods. Don?t miss this rare chance to shape the future of a centrally located building and maximize your investment. Schedule a tour today and explore the possibilities this exceptional property has to offer!

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Commercial Active

Price

$ 3,000,000

Half Bath

2

Property Type

Commercial

Taxes

$ 42,257

Style

OffcRetl

Year Built

1960

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4007811

Features
General
Sewer Public Sewer
Construction Formed Concrete
Heating See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession At Closing
Roof Flat
Zoning C5
Year Built 1960
Township Elizabeth City
Property Type Mixed Use Office/Retail See Remarks OffcRetl
Tax Year 2024
Ownership Fee Simple
Location Business District
County Union
Status Active
Directions north ave to broad st
Number Of Units Total 1
Tax Annual Amount 42257
Drive See Remarks
Leasable Area 0
Standard Status Active
Tax Assessed Value 2123500
Town # 2904
Tax Lot 10
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 6
Half Baths 2
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Exterior
Water Source Public Water
Exterior Description ConcBrd Metal
Building Area Total 0
Lot Dimensions 38.58X92.75X110
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* Excluded Features
List By
ANGELICA PRENDEZ

Listing Agent

Signature Realty Nj

Broker

angelicaprendez@signaturerealtynj.com

Email

Affordability Calculator

$21,993
Per Month
84%
16%
0%
Monthly Principal & Interest
$18,472
Monthly Property Taxes
$3,521
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
2/2/2026$3,000,000 Listed Price

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221 Broad St, Elizabeth, NJ, 07201 is a Commercial Property for sale at $3,000,000 with 18,000 sqft. 221 Broad St was built in 1960. The property's zip code is 07201 which is in Elizabeth, NJ