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802 3Rd Ave Elizabeth, NJ $ 1,199,000
802 3Rd Ave
$ 1,199,000
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802 3Rd Ave

Elizabeth, NJ, 07202
$ 1,199,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,382

Commercial Property for sale in Elizabeth, NJ

for $1,199,000 with 6 half baths. The lot size is 0.06.

Turnkey 6 family brick investment property located in one of the best areas of Elizabeth. This well maintained building offers strong rental income and is perfect for investors looking for a stable cash flowing asset. Each unit features a brand new mini split heating and cooling system, providing efficient climate control for tenants. The property also includes all new electrical panels, giving the next owner peace of mind with major upgrades already completed.The building has been exceptionally maintained and requires no immediate repairs, making it a true plug and play investment. Solid all brick construction offers durability and low maintenance ownership. All units are occupied by excellent tenants, allowing the new owner to simply take over and start collecting rent from day one.Rare opportunity to own a profitable multi family property in a prime Elizabeth location with modern upgrades already in place. Ideal for investors seeking reliable income and long term appreciation.

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Commercial Active

Price

$ 1,199,000

Half Bath

6

Property Type

Commercial

Taxes

$ 16,555

Style

Apartment Complex

Lot Size

0.06

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4012384

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units Floor/Wall Heater Multi-Zone See Remarks
Cooling 4+ Units Ductless Split AC Multi-Zone Cooling
Utilities Electric Gas-Natural
Possession CLosing
Roof See Remarks
Zoning residential
Year Built 0
Township Elizabeth City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area
County Union
Status Active
Directions 3rd ave
Number Of Units Total 6
Tax Annual Amount 16555
Drive Off-Street Parking On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 820800
Town # 2904
Tax Lot 16
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Interior
Basement Bilco-Style Door Full Storage Walkout
Fuel Type Electric Gas-Natural
Total Stories 4
Half Baths 6
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 0
Lot Dimensions 25X105
Lot Size Acres 0.06
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* Excluded Features
List By
RYAN DE LA UZ

Listing Agent

Keller Williams Realty

Broker

Affordability Calculator

$8,762
Per Month
84%
16%
0%
Monthly Principal & Interest
$7,382
Monthly Property Taxes
$1,380
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
3/4/2026$1,199,000 -40.02% Price Down
3/3/2026$1,999,000 Listed Price

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802 3Rd Ave, Elizabeth, NJ, 07202 is a Commercial Property for sale at $1,199,000 with a lot size of 0.06. The property's zip code is 07202 which is in Elizabeth, NJ