524-526 E JERSEY ST Elizabeth, NJ 07206

$665,000
524-526 E JERSEY ST, Elizabeth, NJ 07206
Call 1-800-839-1363
3376464

Commercial Property for sale in Elizabeth, NJ

for $665,000 with 8 full baths. This 6,600 square foot building was built on a lot size of 50X100.

Property Information

  • $665,000
  • 8 Full Baths
  • Commercial
  • 6,600 Square Feet
  • Taxes are $14,707
  • Apartment Building
  • Active
  • Lot size of 50X100
  • Elizabeth, NJ
  • New Point Road Neighborhood
  • Union County
  • MLS/Web ID is 3376464

Description

Fantastic income producer 7 legal unit building separate hot water & electric, clean, some updated units, fully rented month to month, 5 parking available newer heating unit, new surveillance system. The surrounding area consists in established mixed land use which includes single family 2-4 family and multi-family dwellings as well as commercial properties and essential conveniences that include stores, schools and public transportation. Black top drive way leading to parking in the back the basement includes an additional superintendent unit and a half bathroom convenient for contractors and other vendors working in place. Landlord pays heat all other utilities paid by the tenants.

Interior 7

Appliances

  • Security System / Alarm
  • Smoke Detector

Basement

  • Basement
  • Finished
  • Full Basement
  • Walk-Out

Cooling System

  • None / Unknown

Flooring

  • Carpet(s)
  • Tile Flooring
  • Vinyl-Linoleum
  • Wood Floors

Heating System

  • 1 Unit
  • Electric Baseboard Heat
  • Radiant

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Construction

  • Brick & Block

Driveway

  • Blacktop

Roof

  • Flat Roof
  • Rubber

Siding

  • Brick

Miscellaneous 3

Commercial

  • Sale Includes Building & Land

Location

  • Freestanding
  • Residential District

Utilities

  • Underground Utilities

† Excluded Feature

Listed By

Broker: COLDWELL BANKER

524-526 E JERSEY ST , Elizabeth, NJ, 07206 is a Commercial Property for sale at $665,000 with 6,600 sqft and a lot size of 50X100. 524-526 E JERSEY ST has 8.0 baths. The property's zip code is 07206 which is in Elizabeth, NJ

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Pricing History

Date Price Price Change Description
4/21/2017 $665,000 -2.21 % Price Change
4/9/2017 $680,000 7.09 % Price Change
4/3/2017 $635,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Elizabeth $404,650 39 % below $325,000 51 % below
Commerical listings in Elizabeth $937,811 41 % above $649,000 2 % below

Get the facts about Elizabeth, NJ!

Population 127,997
Population Growth (since 2000) 6 %
Median Income $46,324
Median Age 35.07
Households w/ Children 40 %

Residential Dwellings

  • Owned 11877
  • Vacant 3611
  • Rented 30657

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