334 1St Ave Elizabeth, NJ $ 975,000
334 1St Ave
$ 975,000
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334 1St Ave

Elizabeth, NJ, 07206
$ 975,000
Bedrooms-- Baths-- Sq 3,148

Monthly Estimate*

$ 6,003

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Commercial Property for sale in Elizabeth, NJ

for $975,000 with 6 half baths. This 3,148 square foot building was built in 1905.

The perfect legal rooming house does exist. This impeccably maintained investment property delivers exceptional cash flow and has been upgraded to an impressive standard throughout. The current owner has taken tremendous pride in maintaining and improving the property, resulting in strong and consistent returns. The building features 8 legal rooming units, 6 full bathrooms, a large finished basement, parking, Central AC, forced hot air, and much more. The owner occupied principal unit on the first floor has been fully upgraded with a modern kitchen, renovated bathrooms, and tasteful finishes throughout. Conveniently located near major highways, Newark Airport, shopping centers, and public transportation, this prime location makes tenant occupancy easy and highly desirable year round. A rare opportunity to add a high performing, well maintained asset to your investment portfolio. Come see your next investment opportunity today.

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Commercial Active

Price

$ 975,000

Half Bath

6

Property Type

Commercial

Taxes

$ 11,125

Style

Apartment Complex

Year Built

1905

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4029090

Features
General
Sewer Public Sewer
Construction See Remarks
Heating 1 Unit Forced Hot Air
Cooling Central Air
Utilities Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Zoning rooming house
Garage Spaces 3
Year Built 1905
Township Elizabeth City
Property Type Apartment Complex See Remarks Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Corner
County Union
Status Active
Directions on first avenue corner lot
Number Of Units Total 8
Tax Annual Amount 11125
Drive 1 Car Width 2 Car Width
Leasable Area 0
Standard Status Active
Tax Assessed Value 551600
Town # 2904
Tax Lot 3.02
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Interior
Basement Full Walkout
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Aluminum
Building Area Total 3148
Lot Dimensions 39.24X98XIRR
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* Excluded Features
List By
OSCAR NUNEZ-PAZ

Listing Agent

Keller Williams City Views Realty

Broker

Affordability Calculator

$6,930
Per Month
87%
13%
0%
Monthly Principal & Interest
$6,003
Monthly Property Taxes
$927
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
5/21/2026$975,000 Listed Price

Map


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334 1St Ave, Elizabeth, NJ, 07206 is a Commercial Property for sale at $975,000 with 3,148 sqft. 334 1St Ave was built in 1905. The property's zip code is 07206 which is in Elizabeth, NJ