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$785,000
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Property Description
This property is perfect for both investors and homeowners looking to generate additional income. It features a mixed-use layout in a busy retail area. The first floor includes a restaurant that provides a substantial income. The second floor consists of a spacious two-bedroom apartment, which is rented for the restaurant, while the third floor has a comfortable one-bedroom unit. Recent upgrades include newly installed boilers.
Full Property Details
Full Property Details for 442 Elizabeth Ave
General
- Price: $785,000
- Taxes: $11,032 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4027415
- Updated: 5/14/2026
- Added to Site: 41 day(s) ago
Business
- Includes: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 2
Additional Information
- Equipment: Fire Alarm, Restrooms - Public, Sign - Building, Smoke Detector
Parking
- Parking: Off-Street Parking
Location
- County: Union
- Driving Directions: S 5th St. right on to Elizabeth Ave.
- Location Details: Business District, Highway Location, Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Wood
- Exterior Const.: ConcBrd
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 10
- Stories in Building: 3
- Square Feet: 3,483
- Aprox. Leasable: 3,483 Sq. Ft.
- Office: 1,350 Sq. Ft.
- Year Built: 1910
Unit Information
- 2 Bedroom Units: 2
- 3 Bedroom Units: 1
- Units w/Full Bath: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Size: 25X156 98
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $225
- Assessment Amount: $520,900
- Land Assmt: $265,500
- Tax Amount: $11,032
- Tax Year: 2025
- Owner Pays: Water
- Tenant Pays: Electric, Gas, Heat
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2904-00681-0000-00010-0000-
- Block: 681
- Lot Number: 10
Listed by Keller Williams Mid-Town Direct
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Schools
Schools serving 442 Elizabeth Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 1, George Washington Elementary School 250 Broadway, Elizabeth, NJ 07206 | PK-8 | 0.4 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.9 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.6 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 442 Elizabeth Ave
Date
Details
Price
Change
Source
5/13/2026
Listed
$785,000
50.96%
MLS
9/28/2022
Sold
$520,000
—
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 442 Elizabeth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,543
25%
$520,900
1911%
2022
$8,436
2%
$25,900
—
2021
$8,283
4%
$25,900
—
2019
$7,997
8%
$25,900
—
2018
$7,393
-4%
$25,900
—
2017
$7,717
—
$25,900
—
2016
$7,718
14%
$25,900
—
2015
$6,760
29%
$25,900
—
2013
$5,234
—
$25,900
18%
2013
$5,234
—
$21,900
—
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 442 Elizabeth Ave
442 Elizabeth Ave, Elizabeth, NJ 07206 (MLS# 4027415) is a Business property. 442 Elizabeth Ave is currently listed for $785,000 and was received on May 13, 2026. Want to learn more about 442 Elizabeth Ave? Do you have questions about finding other Business real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

