No photo
1038 Elizabeth Ave Elizabeth, NJ $ 1,200,000
1038 Elizabeth Ave
$ 1,200,000
Recently Listed
Share Save

1038 Elizabeth Ave

Elizabeth, NJ, 07201
$ 1,200,000
Bedrooms-- Baths-- Sq 2,701

Monthly Estimate*

$ 7,577

Commercial Property for sale in Elizabeth, NJ

for $1,200,000 with 2 half baths. This 2,701 square foot building was built in 1928 on a lot size of 0.06.

Rare opportunity to acquire an income-producing mixed-use commercial property, established automotive business, residential rental, and static billboard advertising at 1038 Elizabeth Avenue in Elizabeth, NJ. Positioned on a highly visible corner along a busy commercial corridor, this unique offering provides multiple potential revenue streams within one asset. The ground-floor automotive facility is equipped with five vehicle lifts, service/work areas, office space, and a half bath, offering an excellent opportunity for an owner-operator or investor. The upper level features a spacious 3-bedroom residential apartment with a full bath, kitchen, and living area, providing additional rental income. Static billboard advertising adds another potential source of revenue while capitalizing on the property's strong street exposure and visibility. Approximately 2,800 SF, this mixed-use asset offers flexibility for continued operations, investment, or owner occupancy. Conveniently located near major highways, Newark Liberty International Airport, Port Newark-Elizabeth, shopping, transportation, and surrounding businesses. A unique opportunity to own the real estate while benefiting from commercial, residential, and advertising income potential. Buyer to verify all uses, income, zoning, billboard rights/permits, and property information.

See more

Commercial Active

Price

$ 1,200,000

Half Bath

2

Property Type

Commercial

Taxes

$ 11,708

Style

Gas Station/Garage

Lot Size

0.06

Year Built

1928

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4045821

Features
General
Sewer Public Sewer
Construction Brick/Block Formed Concrete
Heating 1 Unit
Cooling See Remarks
Utilities Gas-Natural
Possession ASAP
Roof Flat
Zoning C-4
Garage Spaces 8
Year Built 1928
Tenant Pays See Remarks
Township Elizabeth City
Property Type Gas Station/Garage Gas Station/Garage
Tax Year 2025
Ownership Fee Simple
Location Corner
Lease Information Negotiable
County Union
Subdivision Name Elizabeth Avenue
Status Active
Directions 1038 Elizabeth Avenue Elizabeth NJ
Number Of Units Total 2
Tax Annual Amount 11708
Drive Additional Parking
Leasable Area 125
Standard Status Active
Tax Assessed Value 552800
Town # 2904
Tax Lot 15
See more
Interior
Basement Bilco-Style Door Walkout
Flooring Concrete Tile Wood
Fuel Type Electric Gas-Natural
Total Stories 2
Half Baths 2
See more
Exterior
Water Source Public Water
Total Parking 8
Exterior Description Brick/Block
Building Area Total 3488
Lot Dimensions 30X90
Lot Size Acres 0.06
See more
* Excluded Features
List By
JAZMINE CLAUSEN-SOIR

Listing Agent

Bhgre Elite

Broker

soldbyjazmine@gmail.com

Email

Affordability Calculator

$8,553
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
$976
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/9/2026$1,200,000 Listed Price

Map


See all

1038 Elizabeth Ave, Elizabeth, NJ, 07201 is a Commercial Property for sale at $1,200,000 with 2,701 sqft and a lot size of 0.06. 1038 Elizabeth Ave was built in 1928. The property's zip code is 07201 which is in Elizabeth, NJ