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501 507 E Jersey St Elizabeth, NJ $ 3,800,000
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$ 3,800,000 Get more info
501 507 E Jersey St
$ 3,800,000
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501 507 E Jersey St

Elizabeth, NJ, 07206
$ 3,800,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 23,397

501 507 E Jersey St, Elizabeth, NJ 07206 - Image 1
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 2
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 3
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 4
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 5
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 6
501 507 E Jersey St, Elizabeth, NJ 07206 - Image 7

Commercial Property for sale in Elizabeth, NJ

for $3,800,000 with 9 half baths. This 10,000 square foot building was built on a lot size of 0.17.

31 Units APPROVED! An exceptional opportunity to acquire a fully approved 31-unit residential development site in one of Union County's most active and rapidly growing rental markets. This offering is ideal for seasoned developers and investors seeking a streamlined path to construction and strong long-term returns. Located in a high-growth corridor with ongoing investment with close proximity to transportation, shopping and major highways. Designed for efficiency and scale.

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Commercial Active

Price

$ 3,800,000

Half Bath

9

Property Type

Commercial

Taxes

$ 29,964

Style

MixedUse

Lot Size

0.17

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4016968
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Radiators - Hot Water
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At closing
Roof Flat
Zoning COMM
Year Built 9999
Township Elizabeth City
Property Type Mixed Use See Remarks Store With Apartment MixedUse
Tax Year 2025
Ownership Fee Simple
Location Business District Corner Residential Area
County Union
Status Active
Directions CORNER OF S. 5TH ST.
Number Of Units Total 0
Tax Annual Amount 29964
Drive 2 Car Width Blacktop Off-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 1485600
Town # 2904
Tax Lot 24
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Interior
Basement Full Unfinished
Flooring Carpeting Concrete Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 4
Half Baths 9
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 10000
Lot Dimensions corner lot L shape
Lot Size Acres 0.17
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* Excluded Features
List By
ROSANGELY NEGRON

Listing Agent

The Arendel Group Llc

Broker

rosangely@thearendelgroup.com

Email

Affordability Calculator

$25,894
Per Month
90%
10%
0%
Monthly Principal & Interest
$23,397
Monthly Property Taxes
$2,497
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
3/26/2026$3,800,000 Listed Price

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501 507 E Jersey St, Elizabeth, NJ, 07206 is a Commercial Property for sale at $3,800,000 with 10,000 sqft and a lot size of 0.17. The property's zip code is 07206 which is in Elizabeth, NJ

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