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$799,900 Just Listed
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Property Description
Excellent Mixed-Use Investment Opportunity in Elizabeth, NJGreat opportunity for investors looking for a income-producing mixed-use property with strong upside potential.The property sits on an oversized 25' x 200' lot and features garage parking in the rear of the building. The property has been updated over time and offers the convenience of separate utilities, meaning tenants cover their own utility costs.Current Rental Income:Storefront: $2,450/month with a 10-year lease and an annual increase2-Bedroom Apartment: $1,800/month (vacant; market rent)4-Bedroom Apartment: $2,552/monthGarage rental $350/month Total Current Monthly Potential Income: $7,152Total Current Annual Income: $85,824Total Current Annual Expenses: $14,000Renovated condition, separate utilities, and an oversized lot with rear garage parking, this property offers an attractive combination of immediate cash flow and future upside potential.Don't miss this excellent investment opportunity. Schedule your private showing today!
Full Property Details
Full Property Details for 612 S Broad St
General
- Price: $799,900
- Taxes: $8,297 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4047934
- Updated: 8/20/2026
- Added to Site: 2 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: 1 Car Width, Off-Street Parking
Location
- County: Union
- Driving Directions: Bayway Ave to South Broad Street
- Location Details: Business District
Heating & Cooling
- Cooling Type: 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, Garbage Included
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Flat
- Stories in Building: 2
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: 25X200
- Zoning: Mixed use C-2
Financial Considerations
- Price Per Sq. Ft.: $288
- Operating Expenses: $14,000
- Assessment Amount: $411,400
- Land Assmt: $285,800
- Tax Amount: $8,297
- Tax Year: 2025
- Owner Pays: Sewer, Water
- Tenant Pays: Cable T.V., Electric, Gas, Heat
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2904-00464-0000-00012-0000-
- Block: 464
- Lot Number: 12
Listed by Keller Williams Realty
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Schools
Schools serving 612 S Broad St
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 5 Mabel Holmes Middle School 650 Bayway, Elizabeth, NJ 07202 | PK-8 | 0.2 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.2 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 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 | 1.3 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 612 S Broad St
Date
Details
Price
Change
Source
8/20/2026
Listed
$799,900
561.07%
MLS
4/10/2000
Sold
$121,000
—
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 612 S Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,298
-19%
$411,400
1121%
2022
$10,305
2%
$33,700
—
2021
$10,092
5%
$33,700
—
2018
$9,619
3%
$33,700
—
2017
$9,351
—
$33,700
—
2016
$9,351
-4%
$33,700
—
2019
$9,714
10%
$33,700
—
2015
$8,795
9%
$33,700
—
2013
$8,054
—
$33,700
—
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 612 S Broad St
612 S Broad St, Elizabeth, NJ 07202 (MLS# 4047934) is a Commercial property. 612 S Broad St is currently listed for $799,900 and was received on August 20, 2026. Want to learn more about 612 S Broad 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.

