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$1,200,000

  • For Sale
  • Active
  • Commercial
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Excellent mixed-use investment opportunity in the heart of Elizabeth. This property features a first-floor commercial storefront plus two residential apartments on the second floor: one 2-bedroom unit and one 3-bedroom unit.The commercial space offers street-level visibility, making it ideal for a variety of professional or retail uses, subject to municipal approvals. The residential units provide strong rental potential, with practical layouts and comfortable living spaces.Located at 416 S 5th St, this property offers convenient access to local shops, transportation, major roadways, and nearby amenities. A great option for investors, owner-users, or buyers looking to combine business and rental income in one property.Buyer is responsible for all due diligence regarding permitted use, zoning, and municipal requirements.

Full Property Details for 416 S 5th St

General

  • Price: $1,200,000
  • Taxes: $12,811 (2025)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4029869
  • Updated: 5/26/2026
  • Added to Site: 14 day(s) ago

Business

  • Includes: Building & Land

Interior

  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Restrooms: 3

Additional Information

  • Equipment: Smoke Detector

Exterior

  • Color: White

Parking

  • Parking: On-Street Parking

Location

  • County: Union
  • Subdivision: Mattano Park
  • Driving Directions: Summer St to S 5th St
  • Location Details: Residential Area, See Remarks

Heating & Cooling

  • Cooling Type: 1 Unit, Central Air Conditioning, See Remarks
  • Heating Type: 3 Units, Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Roof: Rubberized
  • Stories in Building: 2
  • Square Feet: 2,613
  • Aprox. Leasable: 2,613 Sq. Ft.
  • Office: 9,999 Sq. Ft.
  • Year Built: 1958
  • Remodeled/Updated: 2024

Unit Information

  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Size: 25X100
  • Permitted Use: Apartment & Business
  • Zoning: R-2
  • Lot Description: Level Lot

Financial Considerations

  • Expenses: Taxes, Water/Sewer
  • Assessment Amount: $635,200
  • Land Assmt: $152,500
  • Tax Amount: $12,811
  • Tax Year: 2025
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Leases
  • APN: 2904-00685-0000-00007-0000-
  • Block: 685
  • Lot Number: 7

Listed by Coldwell Banker Liberty

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Listing agent

— 416 S 5th St —

  • Coldwell Banker Liberty

908-527-1711

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 416 S 5th St

School District:Elizabeth City School District
NameGradesDistance
Number 15, Christopher Columbus Elementary School
511 3rd Avenue, Elizabeth, NJ 07202
PK-80.2 mi
T A Edison Career Tech Academy
625 Summer Street, Elizabeth, NJ 07202
9-120.3 mi
Adm W F Halsey Leadership Academy
641 South Street, Elizabeth, NJ 07202
9-120.7 mi
John E Dwyer Tech Academy
123 Pearl Street, Elizabeth, NJ 07202
9-120.7 mi
T Jefferson Arts Academy
27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201
9-120.9 mi
Elizabeth High School
40 Morrell Street, Elizabeth, NJ 07202
9-120.9 mi
A Hamilton Preparatory Academy
310 Cherry Street, Elizabeth, NJ 07208
9-121.4 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 416 S 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/24/2026
Listed
$1,200,000
287.1%
MLS
7/25/2018
Sold
$310,000
—
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 416 S 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,221
-26%
$635,200
—
2023
$16,469
3%
$635,200
1112%
2022
$16,023
2%
$52,400
—
2021
$15,693
4%
$52,400
—
2019
$15,104
1%
$52,400
—
2018
$14,957
3%
$52,400
—
2017
$14,539
—
$52,400
—
2016
$14,540
6%
$52,400
—
2015
$13,676
9%
$52,400
—
2013
$12,523
—
$52,400
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Liberty

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416 S 5th St, Elizabeth, NJ 07206 (MLS# 4029869) is a Commercial property. 416 S 5th St is currently listed for $1,200,000 and was received on May 24, 2026. Want to learn more about 416 S 5th 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.

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