442 Elizabeth Ave, Elizabeth, NJ 07206
Commercial - Elizabeth City, NJ
- Added:
- May 13, 2026
- Days on Market:
- 32
- Last Refresh:
- Jun 13 at 7:06 am
Property Features for 442 Elizabeth Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C-2
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 3,483 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11032
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Asphalt, Shingle
- Architectural style
- Other
Listing agent MENACHEM SILBERMAN (973) 762-5400
Listing office KELLER WILLIAMS MID-TOWN DIRECT 181 MAPLEWOOD AVENUE, Maplewood, NJ (973) 762-5400
Listing date May 13, 2026
Copyright © 2026 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.
HighLights
- Substantial income‑generating restaurant on the first floor.
- Mixed‑use property in a busy retail area.
- Spacious two‑bedroom apartment on the second floor.
- Additional one‑bedroom unit on the third floor.
- Newly installed boilers.
- Basement.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.8k | $32.40 |
| − Vacancy | −$5.4k | −$1.56 |
| EGI | $107.4k | $30.84 |
| − OpEx | −$48.3k | −$13.88 |
| NOI | $59.1k | $16.96 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.19743
- Latitude
- 40.65344
