216-224 S 1St St Elizabeth, NJ ^$ 4,450,000

216-224 S 1St St

^$ 4,450,000

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216-224 S 1St St

Elizabeth, NJ, 07206

^$ 4,450,000

Bedrooms-- Baths-- Sq 1,500

Monthly Estimate*

^$ 27,399

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Commercial Property for sale in Elizabeth, NJ

for $4,450,000 with 2 half baths. This 1,500 square foot building was built on a lot size of 0.74.

Unlock the potential of this exceptional freestanding commercial property, ideally situated with breathtaking Lake/Water Views. Whether you're expanding your business or looking for a high-visibility investment, this property offers unmatched versatility and curb appeal.Featuring 2 lavatories, ample interior space, and flexible zoning, this location is perfect for a variety of uses. The standalone structure provides complete control over your branding and layout, with generous parking and easy access for both customers and staff.Don't miss this rare opportunity to own a picturesque, high-traffic property with endless possibilities.Schedule your private tour today!

Commercial Active

Price

^$ 4,450,000

Half Bath

Property Type

Commercial

Taxes

^$ 51,030

Style

Lot Size

0.74

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4009306

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 3 Units

Cooling 2 Units

Utilities Electric Gas-Natural

Possession At Closing

Roof See Remarks

Zoning MRC2

Year Built 0

Township Elizabeth City

Property Type See Remarks See Remarks

Tax Year 2024

Ownership Fee Simple

Location Freestanding

County Union

Status Active

Directions Amboy Ave to S 1st St

Number Of Units Total 1

Tax Annual Amount 51030

Drive See Remarks

Leasable Area 360

Standard Status Active

Tax Assessed Value 2652300

Town # 2904

Tax Lot 4

Interior

Flooring Concrete Vinyl-Linoleum

Fuel Type Gas-Natural

Total Stories 1

Half Baths 2

Exterior

Lot Features Lake/Water View

Water Source Public Water

Exterior Description See Remarks

Building Area Total 1500

Lot Dimensions .7380AC

Lot Size Acres 0.74

* Excluded Features

List By

SUSELLE SALERMO

Listing Agent

Re/Max First Realty Ii

Broker

suselle.salermo@gmail.com

Affordability Calculator

$31,652

Per Month

Monthly Principal & Interest: $27,399
Monthly Property Taxes: $4,253
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Elizabeth, NJ

Average List Price ^$1,169,061

Percent of Sale Price 74%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/11/2026	$4,450,000		Listed Price

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216-224 S 1St St, Elizabeth, NJ, 07206 is a Commercial Property for sale at $4,450,000 with 1,500 sqft and a lot size of 0.74. The property's zip code is 07206 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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216-224 S 1St St

Commercial Property for sale in Elizabeth, NJ

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