NJ > Elizabeth
Elizabeth, NJ 07206,433 Elizabeth AVE
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Elizabeth, NJ 07206,433 Elizabeth AVE
Elizabeth, NJ 07206,433 Elizabeth AVE
Elizabeth, NJ 07206,433 Elizabeth AVE
Elizabeth, NJ 07206,433 Elizabeth AVE
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Diane Goodwin

Diane Goodwin

+1(201) 519-6611
$ 950,000
Est. payment /mo
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Price Dropped by $40K

433 Elizabeth AVE Elizabeth, NJ 07206

4,828 SqFt

UPDATED:

02/11/2025 11:04 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,828 sqft

Price per Sqft $196

MLS Listing ID 2506081R

Originating Board CJMLS API

Year Built 2016

Annual Tax Amount $15,039

Tax Year 2023

Lot Dimensions 25.00 x 100.00

Property Sub-Type Commercial

Property Description

Discover 433 Elizabeth Ave, a versatile mixed-use building perfect for investors. Situated on a busy main road, this property features a 2,000 sqft storefront with a lease expiring in February 2025, ideal for various business opportunities. The second floor offers a spacious 4-bedroom, 2-bathroom unit, leased until December 2025, while the third floor includes a cozy 2-bedroom, 1-bathroom unit on a month-to-month lease. All units both residential and commercial are currently rented below market value, presenting significant potential for increased income. Each residential unit boasts a private entrance, ensuring comfort and privacy. Conveniently located just minutes from shops, restaurants, and public transportation, this property is an excellent investment opportunity!

Location

State NJ

County Union

Zoning R-3A

Interior

Interior Features Appliances

Heating Zoned, Forced Air

Cooling Central Air

Flooring Ceramic Tile, Tile

Appliance Appliances

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Flat

Building

Lot Description Business District

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400680000000041

Energy Description Natural Gas

Virtual Tour https://tour.vht.com/434425766/433-elizabeth-ave-elizabeth-nj-07206/3dtour://

Central Jersey MLS (CJMLS)
Listed by WEICHERT CO REALTORS
agent

Diane Goodwin

+1(201) 519-6611

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433 Elizabeth AVE