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    442 Elizabeth Ave Elizabeth, NJ 07206

    New
    Picture of Mixed-use properties at Elizabeth Ave 442, Elizabeth, NJ
    For Sale
    $830,000

    Commercial - Elizabeth City, NJ

    Property size:
    5,250 SF
    Lot size:
    0.09 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 442 Elizabeth Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    Rooms
    Basement
    Basement Y/N
    1
    Size
    5,250 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1910
    Floors in Building
    3
    Number of units
    3
    Building materials
    Concrete
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Keller Williams Mid-Town Direct Realty (973) 762-5400 [email protected]

    Listing agent MENACHEM SILBERMAN (973) 762-5400

    Listing date Dec 3, 2025

    MLS# 4000265 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Busy Area

    This mixed-use property is located in a busy retail area and is suitable for both investors and homeowners seeking additional income. The property features a restaurant on the first floor that generates substantial income. The second floor contains a spacious two-bedroom apartment, while the third floor includes a comfortable one-bedroom unit. Recent upgrades to the property include newly installed boilers. The property is zoned C-2 and has a lot size of 0.09 acres. The building size is 5250 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Machupicchu Peruvian Restaurant ATM Atm

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.19743
    Latitude
    40.65344

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with restaurant and apartments in a retail area.
    Where is this mixed-use property located?
    The property is located at 442 Elizabeth Ave Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $830,000.
    What are key features of this property?
    This property features: - Income-generating restaurant on the first floor; - Mixed-use property in a busy retail area; - Two-bedroom apartment on the second floor
    (973) 762-5400
    Request Owner's contact information
    442 Elizabeth Ave Elizabeth, NJ 07206
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    Elizabeth, NJ 07206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    442 Elizabeth Ave Elizabeth, NJ 07206
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