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$1,175,000 Coming Soon

  • For Sale
  • Coming Soon
  • Retail

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Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller?s successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller?s 1031 Exchange at no additional cost or liability to the Buyer

Full Property Details for 1029 Elizabeth Ave

General

  • Price: $1,175,000
  • Taxes: $15,404 (2025)
  • Status: Coming Soon
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4040052
  • Updated: 7/11/2026
  • Added to Site: 2 day(s) ago

Business

  • Includes: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Restrooms: 4

Additional Information

  • Equipment: Fire Alarm

Parking

  • Parking: None

Location

  • County: Union
  • Driving Directions: RTE 1to Elizabeth Ave
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: 4+ Units
  • Heating Type: 4+ Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Gas In Street

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Roof: Flat
  • Stories in Building: 4
  • Square Feet: 5,074
  • Aprox. Leasable: 5,074 Sq. Ft.
  • Office: 9,999 Sq. Ft.
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 8.36
  • Lot Size: 43X118.27X4
  • Zoning: Commercial

Financial Considerations

  • Price Per Sq. Ft.: $99
  • Assessment Amount: $727,300
  • Land Assmt: $404,800
  • Tax Amount: $15,404
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses
  • APN: 2904-00311-0000-00025-0000-
  • Block: 311
  • Lot Number: 25
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1029 Elizabeth Ave —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1029 Elizabeth Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/11/2026
Listed
$1,175,000
20.51%
MLS
6/14/2022
Sold
$975,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1029 Elizabeth Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,404
23%
$727,300
1784%
2022
$12,573
2%
$38,600
—
2021
$12,344
12%
$38,600
—
2018
$11,018
-4%
$38,600
—
2017
$11,502
—
$38,600
—
2016
$11,503
-3%
$38,600
—
2019
$11,918
18%
$38,600
—
2015
$10,074
9%
$38,600
—
2013
$9,225
—
$38,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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1029 Elizabeth Ave, Elizabeth, NJ 07201 (MLS# 4040052) is a Retail property. 1029 Elizabeth Ave is currently listed for $1,175,000 and was received on July 11, 2026. This property is listed by Renato Rosas from our Wayne Office.Want to learn more about 1029 Elizabeth Ave? Do you have questions about finding other Retail real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

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