201 3rd Street Elizabeth, NJ $ 1,300,000
201 3rd Street
$ 1,300,000
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201 3rd Street

Elizabeth, NJ, 07206
$ 1,300,000
Bedrooms-- Baths-- Sq 4,014

Monthly Estimate*

$ 8,208

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Commercial Property for sale in Elizabeth, NJ

for $1,300,000. This 4,014 square foot building was built in 1905 on a lot size of 0.04.

Calling all investors-don't miss this exceptional income-producing opportunity! This well-maintained six-unit mixed-use investment property is prominently positioned on a highly visible corner lot in the heart of Elizabeth. Featuring five fully leased residential apartments and one street-level commercial storefront, this turnkey asset delivers immediate rental income with a stable, established tenant base. Additional highlights include a full basement with utilities, a detached garage, and exceptional potential for long-term appreciation. Ideally located with convenient access to Downtown Elizabeth, Newark, New York City, NJ Transit, major highways, shopping, dining, schools, and everyday amenities, this property offers the accessibility and visibility that both residential and commercial tenants value. Combining strong cash flow, a prime location, and a fully occupied mixed-use configuration, this is a standout investment opportunity for any portfolio. Opportunities like this don't come around often--don't wait on this one!

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 15,946

Style

Lot Size

0.04

Year Built

1905

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

22624060

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Central Air Window Unit(s)
Garage Spaces 1.0
Year Built 1905
Stories Count 3
Property Subtype Mixed Use
Tax Year 2025
Business Type Apartments Other
County Union
New Construction N
Property Type Commercial Sale
Subdivision Name None
Garage Y/N Y
Status Active
Directions Elizabeth Ave to 3RD Street
City Elizabeth
Zoning Description Mixed
MLS Area None
Lot Size Square Feet 1742.4
Carport Y/N N
Tax Annual Amount 15946.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Elizabeth (ELI)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 790600
Senior Community None
Cash True
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Walk-Out Access
Total Fireplaces 0
Air Conditioning Y/N Y
Total Baths 0
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Exterior
Parking Features On Street
Water Source Public
Lot Size Area 0.04
Spa N
Building Area Total 4014.0
Lot Dimensions 26.03 x 75
Lot Size Acres 0.04
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Lara Jaber

Listing Agent

Keller Williams Realty West Monmouth

Broker

lara.jaber@kw.com

Email

Affordability Calculator

$9,537
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
$1,329
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
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,300,000 Listed Price

Map


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201 3rd Street, Elizabeth, NJ, 07206 is a Commercial Property for sale at $1,300,000 with 4,014 sqft and a lot size of 0.04. 201 3rd Street was built in 1905. The property's zip code is 07206 which is in Elizabeth, NJ