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    551 Westminster Ave Elizabeth, NJ 07208

    New
    For Lease
    $2,800 /Mo ($6 SF/Yr)

    Commercial - Elizabeth City, NJ

    Lot size:
    0.12 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 551 Westminster Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Laminate
    Building materials
    Concrete
    Architectural style
    Other

    Grisela Flores (908) 445-5339 [email protected]

    Listing agent JASMIN FLORES (908) 445-5339

    Listing date Dec 12, 2025

    MLS# 3998816 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

    Versatile Commercial Space For Rent

    This versatile open-concept commercial space is suitable for retail, office, studio, or service-based businesses. The space is a blank canvas that can be customized. This location offers the opportunity to create a layout that works best for business needs. The property is located in Elizabeth City, NJ, in Union County. The lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency 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
    -74.21521
    Latitude
    40.67532

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    FAQs

    What type of property is this?
    Retail space - Open-concept commercial space suitable for retail, office, or service businesses.
    Where is this retail space located?
    The property is located at 551 Westminster Ave Elizabeth, NJ.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Versatile open-concept space suitable for retail, office, studio, or service-based businesses.; - Customizable layout to meet specific business needs.; - Central air conditioning.
    (908) 445-5339
    Request Owner's contact information
    551 Westminster Ave Elizabeth, NJ 07208
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    Elizabeth, NJ 07208
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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
    551 Westminster Ave Elizabeth, NJ 07208
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