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$850,000
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Property Description
Looking For A Property That Checks The "Location Visibility, and Income Potential" Boxes All At Once? This Mixed-Use Building On Bustling Elizabeth Ave in Elizabeth, Nj Is Exactly That. With Two Storefronts On The First Floor and Two Apartments Upstairs, It's A Flexible Investment That Puts You Right in The Center Of Nonstop Foot and Vehicle Traffic. Yes, The Building Need Some Tlc, But The Big-Ticket Items Are Already Handled Newer Roof, Nearly New Water Heaters. Separate Utilities (With The Exception Of The Heat Between The Stores) That Means You Can Focus On The Updates That Boost Value Instead Of The Costly Repairs No One Likes To Talk About. On The First Floor, You'll Find High-Visibility Commercial Spaces Perfect For Retail, Service Businesses, Or Future Tenants With Big Ideas. Upstairs Are Two Residential Units, Both On Month To Month Leases, Giving Investors The Flexibility To Raise Rents, Renovate, Or Reposition Based On Their Strategy. If You're An Investor Looking For A Property With Strong Upside, Great Exposure, and Built-In Income From Day One-This Is The Opportunity. Repairs Done Btw 2022-2024 Heating, Water Heaters, Roofs, Electrical Circuits, and Other Cosmetics Repairs.
Full Property Details
Full Property Details for 1131 1133 Elizabeth Av
General
- Price: $850,000
- Taxes: $16,570 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4000380
- Updated: 12/4/2025
- Added to Site: 45 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease Terms: Month-To-Month
Interior
- Flooring: Laminate
Additional Information
- Equipment: Appliances, See Remarks
Parking
- Parking: Off-Street Parking
Location
- County: Union
- Driving Directions: BROAD STREET TO ELIZABETH AVE ONE BLOCK FROM COURT HOUSE
- Location Details: Business District
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water, See Remarks
- Utility Description: Electric, Natural Gas, See Remarks, Cable TV Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat
- Ceiling Height: 10
- Stories in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 35.69X79.64
- Zoning: COMMERCIAL
Financial Considerations
- Assessment Amount: $832,700
- Land Assmt: $253,000
- Tax Amount: $16,570
- Tax Year: 2024
- Owner Pays: Water
- Tenant Pays: Electric, Gas, Water
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2904-00317-0000-00005-0000-
- Block: 317
- Lot Number: 5
Listed by Re/Max New Millennium Group
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Schools
Schools serving 1131 1133 Elizabeth Av
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 4 John Battin Elementary School 300 South Broad Street, Elizabeth, NJ 07202 | PK-8 | 0.4 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1131 1133 Elizabeth Av
Date
Details
Price
Change
Source
12/04/2025
Listed
$850,000
41.67%
MLS
8/17/2021
Sold
$600,000
—
Public Record
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
Tax History for 1131 1133 Elizabeth Av
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,571
40%
$832,700
2115%
2022
$11,875
2%
$37,600
—
2021
$11,627
8%
$37,600
—
2018
$10,732
-1%
$37,600
—
2017
$10,843
—
$37,600
—
2016
$10,797
10%
$37,600
—
2015
$9,813
-13%
$37,600
—
2019
$11,217
25%
$37,600
—
2013
$8,986
—
$37,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1131 1133 Elizabeth Av
1131 1133 Elizabeth Av, Elizabeth, NJ 07201 (MLS# 4000380) is a Commercial property. 1131 1133 Elizabeth Av is currently listed for $850,000 and was received on December 04, 2025. Want to learn more about 1131 1133 Elizabeth Av? Do you have questions about finding other Commercial real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

