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$4,000,000 Just Listed
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Property Description
Unlock the potential of 138-142 Broad St, Elizabeth, NJ, located directly across from the train station in a highly visible and accessible area. This exceptional property offers unmatched versatility for business owners, investors, and creative entrepreneurs. The first floor features about 7,000 sq ft of office space with 10 ft ceilings, ideal for open workspaces, private offices, or client-facing businesses. The second floor boasts over 8,000 sq ft with soaring 25 ft ceilings, perfect for collaborative areas, event spaces, or specialty uses. The finished basement includes a recording music studio and extra recreational space, providing unique value for creative professionals or opportunities for rental income. For investors and developers, the generous square footage and prime location present exciting possibilities for redevelopment, expansion, or mixed-use projects. Whether you want to add value, establish a flagship location, or reimagine the space for new ventures, this building?s layout and location offer endless potential. Don?t miss this rare chance to own a premier property with flexible space, high ceilings, and creative amenities in the heart of Elizabeth.
Full Property Details
Full Property Details for 138 Broad St
General
- Price: $4,000,000
- Taxes: $67,592 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4007293
- Updated: 1/29/2026
- Added to Site: 6 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 10
- Restrooms: 10
Additional Information
- Equipment: Fire Alarm, Handicapped Access, Kitchen Area, Passenger Elevator(s), Restrooms - Private, Smoke Detector, Sprinkler System, Storage Area(s)
Parking
- Parking: None, See Remarks
Location
- County: Union
- Driving Directions: North Avenue to Broad St
- Location Details: Business District
Heating & Cooling
- Cooling Type: 3 Units, Central Air Conditioning
- Heating Type: 3 Units, Forced Hot Air, See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Formed Concrete
- Exterior Const.: Concrete
- Basement: Yes
- Basement Desc.: Finished, Storage, Walk-Out
- Roof: Flat
- Ceiling Height: 25
- Stories in Building: 3
- Year Built: 1909
Lot Features
- Lot Size: 50.74X159.33 IRR
- Zoning: C-5
Financial Considerations
- Assessment Amount: $3,396,600
- Land Assmt: $430,500
- Tax Amount: $67,592
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2904-00325-0000-00014-0000-
- Block: 325
- Lot Number: 14
Listed by Signature Realty Nj
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Schools
Schools serving 138 Broad St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 2, Winfield Scott Elementary School 125 Madison Avenue, Elizabeth, NJ 07201 | PK-8 | 0.3 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.3 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.4 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.1 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 138 Broad St
Date
Details
Price
Change
Source
1/29/2026
Listed
$4,000,000
110.53%
MLS
10/04/2018
Sold
$1,900,000
—
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 138 Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$67,592
47%
$3,396,600
2226%
2022
$46,111
2%
$146,000
—
2021
$45,149
4%
$146,000
—
2019
$43,555
5%
$146,000
—
2018
$41,673
-1%
$146,000
—
2017
$42,102
—
$146,000
—
2016
$41,925
-7%
$146,000
-15%
2015
$44,995
9%
$172,400
—
2013
$41,200
—
$172,400
—
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 138 Broad St
138 Broad St, Elizabeth, NJ 07201 (MLS# 4007293) is a Retail property. 138 Broad St is currently listed for $4,000,000 and was received on January 29, 2026. Want to learn more about 138 Broad 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.

