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$1,400,000 -$100,000 (-6.67%) Price Reduced

  • For Sale
  • Active
  • Retail
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Prime investment opportunity! This 4-unit mixed-use building features two spacious 4-bedroom apartments and two established bakeries on the ground floor. Located in a designated Opportunity Zone, this property offers strong rental income potential, tax advantages, and long-term growth in a thriving area.

Full Property Details for 1166 E Jersey St

General

  • Price: $1,400,000
  • Taxes: $31,983 (2024)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 3988686
  • Updated: 1/13/2026
  • Added to Site: 114 day(s) ago

Business

  • Includes: Building Only

Rental Information

  • Lease/Rent Term: Net
  • Lease Terms: 5 Or More Years, CAM Charges

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Restrooms: 6

Additional Information

  • Equipment: See Remarks

Parking

  • Parking: On-Street Parking

Location

  • County: Union
  • Driving Directions: Broad St to E Jersey St or Jefferson Ave to E Jersey St
  • Location Details: Business District

Heating & Cooling

  • Cooling Type: See Remarks, Window A/C(s)
  • Heating Type: Baseboard - Hotwater, See Remarks
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Formed Concrete, See Remarks
  • Exterior Const.: Concrete, See Remarks
  • Basement: Yes
  • Basement Desc.: Full, Walk-Out
  • Roof: Flat
  • Stories in Building: 3
  • Square Feet: 8,976
  • Aprox. Leasable: 8,976 Sq. Ft.
  • Year Built: 1940

Unit Information

  • Units w/Full Bath: 2
  • Units w/Half Bath: 4

Lot Features

  • Lot Size: 37.38X114.05X111
  • Zoning: C-5

Financial Considerations

  • Price Per Sq. Ft.: $167
  • Assessment Amount: $1,607,200
  • Land Assmt: $254,800
  • Tax Amount: $31,983
  • Tax Year: 2024
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2904-00319-0000-00018-0000-
  • Block: 319
  • Lot Number: 18

Listed by The Arendel Group Llc

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Listing agent

— 1166 E Jersey St —

  • The Arendel Group Llc

908-445-5019

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1166 E Jersey St

School District:Elizabeth City School District
NameGradesDistance
No 4 John Battin Elementary School
300 South Broad Street, Elizabeth, NJ 07202
PK-80.5 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-120.2 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 1166 E Jersey St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$1,400,000
-6.67%
MLS
9/24/2025
Listed
$1,500,000
38.89%
MLS
3/27/2022
Sold
$1,080,000
—
Public Record
Get Price Alerts and Save Property
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 1166 E Jersey St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$31,983
9%
$1,607,200
—
2023
$29,457
3%
$1,607,200
1670%
2022
$28,677
33%
$90,800
—
2022
$21,518
-23%
$90,800
—
2021
$28,079
4%
$90,800
—
2019
$27,087
5%
$90,800
—
2018
$25,917
-1%
$90,800
—
2017
$26,184
—
$90,800
—
2016
$26,074
10%
$90,800
—
2015
$23,698
3%
$90,800
—
2014
$22,987
6%
$90,800
—
2013
$21,699
—
$90,800
—
View All
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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with our affiliated lender
NMLS#: 1598647

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Listed by The Arendel Group Llc

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1166 E Jersey St, Elizabeth, NJ 07201 (MLS# 3988686) is a Retail property. 1166 E Jersey St is currently listed for $1,400,000 and was received on September 24, 2025. Want to learn more about 1166 E Jersey St? 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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