Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    720 E Elizabeth Ave Linden, NJ 07036

    View on Map
    Claim this Listing
    For Lease
    $12,500/Mo $24 SF/Yr (calc)

    Commercial - Linden City, NJ

    Property size:
    6,130 SF
    Lot size:
    0.20 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    9
    Last Refresh:
    Apr 22 at 7:06 pm

    Property Features for 720 E Elizabeth Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Light Industr
    Parking
    4
    Standard status
    Active
    Size
    6,130 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    15791

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Tile
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    YOLANDA MENDEZ

    Listing agent YOLANDA MENDEZ

    Listing office KELLER WILLIAMS REALTY 1 ELM STREET, Westfield, NJ

    Listing date Apr 14, 2026

    MLS# 4021266 Listing URL

    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.

    Overview

    Renovated Commercial Space on Elizabeth Avenue

    This renovated commercial space, situated on Elizabeth Avenue in Linden City, New Jersey, offers approximately 6,130 square feet. The property features a storefront/showroom area suitable for retail or client-facing business operations, along with a spacious warehouse designed for storage, distribution, or light industrial use. The storefront includes a modern kitchen, bath, and utility room that can be finished as a private office. The warehouse has a bay door for loading and unloading. The layout allows for a combination of retail/showroom presence with functional warehouse space. An additional bathroom is also included. On-site parking is available for up to four vehicles. The property benefits from a strong street presence with high daily traffic and proximity to major highways and NJ Transit, providing access for customers and employees. It is suitable for uses including contractor, distribution, showroom, light manufacturing, or service-based businesses. The property is vacant and available for immediate occupancy. The lot size is 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Time Savor Chef — 112 W Elizabeth Ave, Linden, NJ 07036
    • Weiss Brothers Catering — 543 Pennsylvania Ave, Linden, NJ 07036

    Location Insight

    • Map
    • Local Demand
    City
    Linden
    County
    Union
    State
    New Jersey
    Longitude
    -74.2453564
    Latitude
    40.6371541

    Nearby Similar for Lease

    • Contact for pricing

      Modern Linden City Office Space

      Renovated office space with flexible layout and commuter convenience.
      216 W Elizabeth Ave, Linden City, NJ 07036-7205
      View Details
    • Contact for pricing

      Mixed-Use Building in Linden City

      Versatile space with warehouse and office, customizable to tenant needs.
      9 W Stimpson Ave, Linden City, NJ 07036-4415
      View Details
    • Contact for pricing

      Prime Storefront on Heavily Traveled Road

      Raw commercial space with high visibility and traffic.
      223 W Saint Georges Ave, Linden, NJ 07036-3948
      View Details
    • Contact for pricing

      Restaurant Space with High Traffic

      Generous space with potential on a highly traveled road.
      237 W Saint Georges Ave, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Linden Renovated Office Space

      Renovated office space in Linden, NJ, near train station.
      216 W Elizabeth Ave, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Commercial Space in Busy Area

      Warehouse or retail space in a busy commercial area.
      1113 E Elizabeth, Linden, NJ 07036-2046
      View Details
    • Contact for pricing

      Commercial Space in Busy Area

      Warehouse or retail space in a central Linden location.
      1113 E Elizabeth, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Second-Floor Office Suite Near Train

      2,860 SF office suite near train station available immediately.
      112 N Wood Ave, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Commercial Space in Busy Linden

      Warehouse or retail space in central Linden commercial area.
      1111 E Elizabeth, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Renovated Retail/Office Space Available

      Renovated 450 SF commercial space in Linden downtown.
      24 E Price St, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Prime Linden Office Space Available

      660 SF office space in prime Linden location.
      16 W Elizabeth Ave, Linden City, NJ 07036
      View Details
    • Contact for pricing

      Updated Office Space For Rent

      Recently updated office space with renovated amenities in high-traffic area.
      237 W Saint Georges Ave, Linden City, NJ 07036
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile, renovated 6,130 sq ft commercial space in Linden City.
    Where is this flex space located?
    The property is located at 720 E Elizabeth Ave Linden, NJ.
    What is the lease rate?
    The lease rate is $12,500 /Mo.
    What are key features of this property?
    This property features: High‑visibility location on busy Elizabeth Avenue; Fully renovated, versatile space of approximately 6,130 sq ft; **Storefront/showroom area combined with spacious warehouse**
    (908) 233-8502
    We can help!
    Listing Contact
    YOLANDA MENDEZ
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!