This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
$680,000 -$19,000 (-2.72%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
Property Description
Prime mixed-used Opportunity on Elizabeth Ave! Located in the heart of the business district, this versatile property offers a rare combination of commercial and residential space. The first floor features dental office, ideal for continued professional use or conversion to other business opportunities. The second floor includes a spacious multi-family unit, providing excellent rental income potential. Additional highlights include a fully finished basement perfect for storage or expansion, and a rear shed for extra space for various use. High-visibility location on Elizabeth Ave makes this an ideal investment for owner-occupants or investors seeking strong returns in a thriving a commercial corridor. Rental Income is 7K monthly. Do not miss this chance!
Full Property Details
Full Property Details for 643 Elizabeth Ave
General
- Price: $680,000
- Taxes: $10,134 (2024)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 3988011
- Updated: 1/14/2026
- Added to Site: 120 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease Terms: 5 Or More Years, Month-To-Month
Interior
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Fire Alarm, Smoke Detector
Parking
- Parking: On-Street Parking
Location
- County: Union
- Driving Directions: Located across Union Square, between 6th and 7th street
- Location Details: Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning, Wall A/C Unit(s)
- Heating Type: 2 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Loading: See Remarks
- Stories in Building: 3
- Square Feet: 2,539
- Aprox. Leasable: 2,539 Sq. Ft.
- Office: 1,213 Sq. Ft.
- Year Built: 1950
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
- Units w/Full Bath: 3
- Units w/Half Bath: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $275
- Expenses: Water/Sewer
- Assessment Amount: $500,700
- Land Assmt: $225,000
- Tax Amount: $10,134
- Tax Year: 2024
- Owner Pays: Gas, Heat, Water
- Tenant Pays: Electric
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- Disclosures: Yes
- APN: 2904-00641-0000-00038-0000-
- Block: 641
- Lot Number: 38
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 643 Elizabeth Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Sonia Sotomayor School No 25 525 1st Avenue, Elizabeth, NJ 07206 | PK-8 | 0.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.6 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 643 Elizabeth Ave
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$680,000
-2.72%
MLS
9/19/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 643 Elizabeth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,134
22%
$500,700
—
2023
$8,322
3%
$500,700
1911%
2022
$8,111
2%
$24,900
—
2021
$7,963
12%
$24,900
—
2018
$7,107
-4%
$24,900
—
2017
$7,419
—
$24,900
—
2016
$7,420
14%
$24,900
—
2015
$6,499
-15%
$24,900
—
2019
$7,688
29%
$24,900
—
2013
$5,951
—
$24,900
—
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 643 Elizabeth Ave
643 Elizabeth Ave, Elizabeth, NJ 07206 (MLS# 3988011) is a Office property. 643 Elizabeth Ave is currently listed for $680,000 and was received on September 19, 2025. This property is listed by Fulya Acar from our Montclair Office.Want to learn more about 643 Elizabeth Ave? Do you have questions about finding other Office real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.


