Date
Details
Price
Change
Source
6/05/2026
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$1,800,000 Just Listed
Property Description
Investor Alert: Prime Mixed-Use Multi-Building Portfolio in High-Traffic Morris Ave Corridor, Incredible investment opportunity to acquire two contiguous mixed-use buildings (292 and 296 Morris Ave) positioned directly in the heart of a vibrant, high-density district. Sharing a common wall, this unique package features expansive commercial footprints paired with four massive residential units, delivering an immediate, diversified cash-flow stream with immense value-add potential.Property Highlights:292 Morris Ave (Commercial & Residential): Main floor configured as fully functional commercial office space, currently utilized by a staffing agency. Levels above house 2 large, high-ceiling apartments perfect for steady rental income.296 Morris Ave (Turnkey Nightlife & Residential): Ground floor operates as a fully built-out bar and nightclub, anchoring local nightlife traffic. Upper levels contain 2 additional expansive apartments with strong tenant appeal.Bonus Development Space: Both properties feature massive, separate, unfinished basements providing exceptional storage or footprint expansion opportunities.Maximize your portfolio with this rare double-lot footprint offering dual-industry commercial stability and reliable residential upside.
Full Property Details
Full Property Details for 290-296 Morris Ave R
General
- Price: $1,800,000
- Taxes: $47,756 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4032511
- Updated: 6/5/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 6
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: On-Street Parking
Location
- County: Union
- Driving Directions: Westfield Ave and Morris Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Stories in Building: 3
- Year Built: 1925
Lot Features
- Lot Size (Acres): 666
- Lot Size: 10288 79 103 666
- Zoning: Commercial
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $2,367,700
- Land Assmt: $435,400
- Tax Amount: $47,756
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2904-00180-0000-00001-0000-
- Block: 180
- Lot Number: 1
Listed by Alligator Property Management Llc
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Listing agent
— 290-296 Morris Ave R —
Alligator Property Management Llc
908-289-5108
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Schools
Schools serving 290-296 Morris Ave R
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 27 Dr Antonio Pantoja 505 -517 Morris Avenue, Elizabeth, NJ 07208 | PK-8 | 0.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.5 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.5 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.7 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.7 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.3 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 290-296 Morris Ave R
Estimate the Cost
Estimate the Cost for 290-296 Morris Ave R
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- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 2Total Baths
Listed by Jonathan Gruebel (917) 748-9971
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
Listed by Coldwell Banker Realty
- Single Family
- Active
- Updated 4 days ago
- 5Beds
- 3Total Baths
Listed by Redfin Corporation
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 3Total Baths
- 2,240Sq. Ft.
Listed by Real
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- Condo
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- Updated 5 days ago
- 1Bed
- 1Total Bath
Listed by Coldwell Banker Realty
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
Listed by EXP Realty, LLC
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
Listed by Exp Realty, Llc
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,940Sq. Ft.
Listed by Weichert Realtors
290-296 Morris Ave R, Elizabeth, NJ 07208 (MLS# 4032511) is a Retail property. 290-296 Morris Ave R is currently listed for $1,800,000 and was received on June 05, 2026. Want to learn more about 290-296 Morris Ave R? 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.