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 investorsdon'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 oftendon't wait on this one!

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 15,946

Style

Apartment Building

Lot Size

0.04

Year Built

1905

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

NJUN2000624

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Window Unit(s)
Possession Immediate
Zoning COMMERCIAL
Construction Materials Asphalt Block Vinyl Siding
Year Built 1905
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Natural Gas
Municipality ELIZABETH CITY
Business Type Apartment Building Other
Accessibility None
County UNION
New Construction N
Property Type Commercial Sale
Possible Use Apartments Mixed Use
Water Access Y/N N
Status ACTIVE
Directions Elizabeth Ave to 3RD Street
City ELIZABETH
Number Of Units Total 0
MLS Area Elizabeth City (22004)
Lot Size Units Square Feet
Lot Size Square Feet 1951.00
Tax Annual Amount 15946.0
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 26.03 x 75.00
Lot Size Acres 0.04
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Keller Williams Realty West Monmouth

Broker

michael.lamie@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
2136830 Elementary School
2137124 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