216-224 S 1st St, Elizabeth, NJ 07206 - Photo 1

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$3,500,000 -$950,000 (-21.35%) Price Reduced

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Commercial

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Property Description

Unlock the potential of this exceptional freestanding commercial property, ideally situated with breathtaking Lake/Water Views. Whether you're expanding your business or looking for a high-visibility investment, this property offers unmatched versatility and curb appeal.Featuring 2 lavatories, ample interior space, and flexible zoning, this location is perfect for a variety of uses. The standalone structure provides complete control over your branding and layout, with generous parking and easy access for both customers and staff.Don't miss this rare opportunity to own a picturesque, high-traffic property with endless possibilities.Schedule your private tour today!

Full Property Details

Full Property Details for 216-224 S 1st St

General

Price: $3,500,000
Taxes: $51,030 (2024)
Status: Active
Type: Commercial
Source: Garden_State
MLS ID: 4009306
Updated: 6/9/2026
Added to Site: 121 day(s) ago

Business

Includes: See Remarks

Interior

Flooring: Concrete, Vinyl-Linoleum

Rooms

Bathrooms

Total Bathrooms: 2
Restrooms: 2

Additional Information

Equipment: Fixtures

Parking

Parking: See Remarks

Location

County: Union
Driving Directions: Amboy Ave to S 1st St
Location Details: Freestanding

Heating & Cooling

Cooling Type: 2 Units
Heating Type: 3 Units
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Electric, Natural Gas

Structural Information

Construction: Brick/Block
Exterior Const.: See Remarks
Roof: See Remarks
Ceiling Height: 10
Door Dimensions: 13
Loading: None
Stories in Building: 1
Square Feet: 1,500
Aprox. Leasable: 1,500 Sq. Ft.
Office: 360 Sq. Ft.

Lot Features

Lot Size (Acres): 0.74
Lot Size: .7380AC
Zoning: MRC2
Lot Description: Lake/Water View

Financial Considerations

Assessment Amount: $2,652,300
Land Assmt: $2,214,000
Tax Amount: $51,030
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: See Remarks
APN: 2904-00781-0000-00004-0000-
Block: 781
Lot Number: 4

Listed by Re/Max First Realty Ii

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— 216-224 S 1st St —

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732-945-8852

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Schools

Schools serving 216-224 S 1st St

School District:Elizabeth City School District

Name	Grades	Distance
No. 28 Duarte-Marti School 25 1st Street, Elizabeth, NJ 07206	PK-8	0.3 mi
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202	9-12	1 mi
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202	9-12	1.4 mi
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202	9-12	1.4 mi
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201	9-12	1.6 mi
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202	9-12	1.6 mi
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208	9-12	2.2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 216-224 S 1st St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/09/2026

Price Reduced

$3,500,000

-21.35%

MLS

2/11/2026

Listed

$4,450,000

—

MLS

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

Tax History for 216-224 S 1st St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$51,030

190%

$2,652,300

4513%

2022

$17,583

2%

$57,500

—

2021

$17,220

5%

$57,500

—

2018

$16,412

3%

$57,500

—

2017

$15,955

—

$57,500

—

2016

$15,956

-4%

$57,500

—

2019

$16,574

10%

$57,500

—

2015

$15,007

9%

$57,500

—

2013

$13,741

—

$57,500

—

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 216-224 S 1st St

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216-224 S 1st St, Elizabeth, NJ 07206 (MLS# 4009306) is a Commercial property. 216-224 S 1st St is currently listed for $3,500,000 and was received on February 11, 2026. Want to learn more about 216-224 S 1st St? 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.

216-224 S 1st St Elizabeth, NJ 07206