149 Elmora Avenue Elizabeth, NJ $ 1,499,000
149 Elmora Avenue
$ 1,499,000
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149 Elmora Avenue

Elizabeth, NJ, 07202
$ 1,499,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,465

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Commercial Property for sale in Elizabeth, NJ

for $1,499,000.

Prime mixed-use investment opportunity in the heart of Elizabeth! Located directly on vibrant Elmora Avenue, this income-producing property features 5 units total: 3 residential apartments plus 2 commercial spaces and is currently generating over $10,000 per month in gross rental income. All tenants are on month-to-month agreements, providing flexibility for the new owner.Surrounded by restaurants, banks, supermarkets, laundromats, shops, and established businesses, the property offers excellent visibility and convenience. Ideally located near Newark Liberty International Airport, major highways, and public transportation, approximately 30 minutes from Manhattan.Perfect for an investor looking to expand a portfolio or an owner-user seeking to operate a business while generating income from the remaining units. Strong cash flow, multiple income streams, excellent location, and tremendous long-term potential make 149 Elmora Ave a rare investment opportunity in Elizabeth.

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Commercial Active

Price

$ 1,499,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

26037903

Features
General
County UNION
Property Type 5+ Mixed Use
Status Active - Active
City Elizabeth
Standard Status Active
Property Sub Type Additional Rtl/Apt
Year Built Details 1900-1939 Build Prior to 1978
Taxes 14972
Roof Peaked See Remarks
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* Excluded Features

Affordability Calculator

$9,465
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,465
Monthly Property Taxes
--
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.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$1,499,000 Listed Price

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149 Elmora Avenue, Elizabeth, NJ, 07202 is a Commercial Property for sale at $1,499,000. The property's zip code is 07202 which is in Elizabeth, NJ