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$790,000
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Property Description
Prime mixed-use opportunity on vibrant Elizabeth ! This mixed-use building includes 1 Commercial space + 2 residential units: 6 bedrooms, 5 full bathrooms, 3 kitchens, 6 car parking spaces; Both residential tenants are month-to-month, offering the opportunity to increase rents; Located in a high-traffic business district near shops, public transportation, and major highways, this asset is ideal for investors or owner-occupants seeking strong returns. Don't miss this rare chance to own a dynamic, income-producing building in one of Elizabeth's busiest commercial corridors. Owner may consider partial seller financing.
Full Property Details
Full Property Details for 515 Jackson Ave
General
- Price: $790,000
- Taxes: $14,857 (2024)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4000462
- Updated: 2/19/2026
- Added to Site: 94 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: See Remarks, Smoke Detector
Parking
- Total Spaces: 3
- Parking: Additional Parking, Blacktop
Location
- County: Union
- Driving Directions: On Jackson Ave
- Location Details: Business District
Heating & Cooling
- Cooling Type: 1 Unit, Central Air Conditioning, See Remarks, Wall A/C Unit(s)
- Heating Type: 3 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Full
- Roof: Flat, Rubberized
- Stories in Building: 3
- Square Feet: 2,831
- Year Built: 1914
Unit Information
- 3 Bedroom Units: 2
- Units w/Full Bath: 2
- Units w/Half Bath: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 25X114 REAR
- Zoning: MIXED USE
Financial Considerations
- Assessment Amount: $772,200
- Land Assmt: $188,000
- Tax Amount: $14,857
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, See Remarks
- APN: 2904-00250-0000-00005-0000-
- Block: 250
- Lot Number: 5
Listed by Provident Legacy Realtors
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Schools
Schools serving 515 Jackson Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 6, Marquis Delafayette Elementary School 1071 Julia Street, Elizabeth, NJ 07201 | PK-8 | 0.1 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.7 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 515 Jackson Ave
Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$790,000
-7.06%
MLS
12/04/2025
Listed
$850,000
142.86%
MLS
7/26/2018
Sold
$350,000
—
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 515 Jackson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,857
20%
$772,200
—
2023
$12,415
3%
$772,200
1855%
2022
$12,079
2%
$39,500
—
2021
$11,829
4%
$39,500
—
2019
$11,385
1%
$39,500
—
2018
$11,274
3%
$39,500
—
2017
$10,960
—
$39,500
—
2016
$10,961
6%
$39,500
—
2015
$10,309
9%
$39,500
—
2013
$9,440
—
$39,500
—
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 515 Jackson Ave
515 Jackson Ave, Elizabeth, NJ 07201 (MLS# 4000462) is a Apartment property. 515 Jackson Ave is currently listed for $790,000 and was received on December 04, 2025. Want to learn more about 515 Jackson Ave? Do you have questions about finding other Apartment real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

