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461 Marshall St Elizabeth, NJ $ 2,200,000
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461 Marshall St
$ 2,200,000
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461 Marshall St

Elizabeth, NJ, 07206
$ 2,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,546

​

Commercial Property for sale in Elizabeth, NJ

for $2,200,000 with 6 half baths. This building was built in 1890 on a lot size of 0.12.

Exceptional investment opportunity in the heart of Elizabeth. This mixed-used property features a well-established Tavern/bar/Restaurant on the first floor along with two spacious residential apartments on the upper level.The sale includes the building, the business, liquor license, and all operational equipment (excluding inventory). This is a turnkey package for investors or owner-operators. There are 2 dinner hall available for parties and events. Approximately bar & dinner hall capacity 50 guests. This is a rare opportunity to acquire both a thriving business and the real estate that supports it.

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Commercial Active

Price

$ 2,200,000

Half Bath

6

Property Type

Commercial

Taxes

$ 27,350

Style

MixedUse

Lot Size

0.12

Year Built

1890

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4023659
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 3 Units Forced Hot Air
Cooling 3 Units
Utilities All Underground
Possession At closing
Roof Asphalt Shingle
Zoning R-3A
Garage Spaces 0
Year Built 1890
Township Elizabeth City
Property Type Mixed Use Restaurant/Bar MixedUse
Tax Year 2025
Ownership Fee Simple
Location Corner
County Union
Status Active
Directions Elizabeth Avenue to 5th St. to Marshall St.
Number Of Units Total 3
Tax Annual Amount 27350
Drive None On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 1356000
Town # 2904
Tax Lot 56
Farm Assessment No
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Interior
Basement Finished-Partially Full
Flooring Laminate Tile Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 2
Half Baths 6
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Exterior
Lot Features Corner Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 5000
Lot Dimensions 50X100
Lot Size Acres 0.12
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* Excluded Features
List By
ESTHER GUERRA

Listing Agent

Dias & Associates Realty

Broker

eguerra@diasrealtygroup.com

Email

Affordability Calculator

$15,825
Per Month
86%
14%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$2,279
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
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Pricing History
DatePricePrice ChangeDescription
4/28/2026$2,200,000 Listed Price

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461 Marshall St, Elizabeth, NJ, 07206 is a Commercial Property for sale at $2,200,000 with a lot size of 0.12. 461 Marshall St was built in 1890. The property's zip code is 07206 which is in Elizabeth, NJ

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