531 Elizabeth Ave Elizabeth, NJ ^$ 825,000

531 Elizabeth Ave

^$ 825,000

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Recently Listed

531 Elizabeth Ave

Elizabeth, NJ, 07206

^$ 825,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,080

531 Elizabeth Ave, Elizabeth, NJ 07206 - Image 1

Commercial Property for sale in Elizabeth, NJ

for $825,000 with 4 half baths. This building was built in 1900 on a lot size of 0.06.

Introducing an exceptional investment opportunity in the heart of Elizabeth, NJ. This well-maintained mixed-use building sits proudly on one of the city's main streets and features three beautiful, spacious apartments along with a high-visibility storefront perfect for retail or business use. Whether you're an investor seeking strong rental income or a buyer looking for a versatile property with long-term potential, this building delivers unmatched value and location appeal.

Commercial Active

Price

^$ 825,000

Half Bath

Property Type

Commercial

Taxes

^$ 24,065

Style

MixedUse

Lot Size

0.06

Year Built

1900

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4010009

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 4+ Units

Cooling Wall A/C Unit(s)

Utilities Electric Gas-Natural

Possession At Closing

Roof Flat

Zoning Res- Comm.

Year Built 1900

Tenant Pays Electric Gas

Township Elizabeth City

Property Type Mixed Use MixedUse

Tax Year 2024

Ownership Fee Simple

Location Business District Residential Area

County Union

Status Active

Directions Broad St to Elizabeth Ave

Number Of Units Total 4

Tax Annual Amount 24065

Drive None

Leasable Area 0

Standard Status Active

Tax Assessed Value 1189000

Town # 2904

Tax Lot 51

Interior

Basement Unfinished

Flooring Tile Wood

Fuel Type Gas-Natural

Total Stories 3

Half Baths 4

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Brick/Block

Building Area Total 0

Lot Dimensions 25X100

Lot Size Acres 0.06

* Excluded Features

List By

JUAN C. GUZMAN

Listing Agent

Brewster Realty

Broker

jguzman@brewsterrealtors.com

Affordability Calculator

$7,085

Per Month

Monthly Principal & Interest: $5,080
Monthly Property Taxes: $2,005
Monthly Home Insurance: --

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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 ^$1,120,023

Percent of Sale Price 36%

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
2/16/2026	$825,000		Listed Price

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531 Elizabeth Ave, Elizabeth, NJ, 07206 is a Commercial Property for sale at $825,000 with a lot size of 0.06. 531 Elizabeth Ave was built in 1900. 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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531 Elizabeth Ave

Commercial Property for sale in Elizabeth, NJ

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