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290-296 Morris Ave R Elizabeth, NJ $ 1,800,000
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$ 1,800,000 Get more info
290-296 Morris Ave R
$ 1,800,000
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290-296 Morris Ave R

Elizabeth, NJ, 07208
$ 1,800,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,083

​

Commercial Property for sale in Elizabeth, NJ

for $1,800,000 with 6 half baths. This building was built in 1925 on a lot size of 666.

Investor Alert: Prime Mixed-Use Multi-Building Portfolio in High-Traffic Morris Ave Corridor, Incredible investment opportunity to acquire two contiguous mixed-use buildings (292 and 296 Morris Ave) positioned directly in the heart of a vibrant, high-density district. Sharing a common wall, this unique package features expansive commercial footprints paired with four massive residential units, delivering an immediate, diversified cash-flow stream with immense value-add potential.Property Highlights:292 Morris Ave (Commercial & Residential): Main floor configured as fully functional commercial office space, currently utilized by a staffing agency. Levels above house 2 large, high-ceiling apartments perfect for steady rental income.296 Morris Ave (Turnkey Nightlife & Residential): Ground floor operates as a fully built-out bar and nightclub, anchoring local nightlife traffic. Upper levels contain 2 additional expansive apartments with strong tenant appeal.Bonus Development Space: Both properties feature massive, separate, unfinished basements providing exceptional storage or footprint expansion opportunities.Maximize your portfolio with this rare double-lot footprint offering dual-industry commercial stability and reliable residential upside.

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Commercial Active

Price

$ 1,800,000

Half Bath

6

Property Type

Commercial

Taxes

$ 47,756

Style

Store With Apartment

Lot Size

666

Year Built

1925

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4032511
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling 2 Units
Utilities All Underground
Possession TBA
Roof Flat
Zoning Commercial
Year Built 1925
Township Elizabeth City
Property Type Restaurant/Bar Store With Apartment Store With Apartment
Tax Year 2025
Ownership Fee Simple
Location Business District
County Union
Status Active
Directions Westfield Ave and Morris Ave
Number Of Units Total 6
Tax Annual Amount 47756
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 2367700
Town # 2904
Tax Lot 1
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Interior
Basement Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 10288 79 103 666
Lot Size Acres 666.00
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* Excluded Features
List By
EMERSON AMADOR

Listing Agent

Alligator Property Management Llc

Broker

alligatorpm@gmail.com

Email

Affordability Calculator

$15,063
Per Month
74%
26%
0%
Monthly Principal & Interest
$11,083
Monthly Property Taxes
$3,980
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
6/5/2026$1,800,000 Listed Price

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290-296 Morris Ave R, Elizabeth, NJ, 07208 is a Commercial Property for sale at $1,800,000 with a lot size of 666. 290-296 Morris Ave R was built in 1925. The property's zip code is 07208 which is in Elizabeth, NJ

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