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    1137 Jersey St Elizabeth, NJ 07201

    Sponsored
    For Sale
    Contact for pricing

    Prime Elizabeth location, ideal office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    344
    This exceptional commercial property, located at 1137 E Jersey St in the heart of downtown Elizabeth, NJ, presents a fantastic opportunity for businesses seeking a vibrant and accessible location. Situated on a 0.21-acre lot, the property offers ample space for a variety of commercial uses. While the exact square footage is currently unavailable, the building's prime location in desirable downtown Elizabeth ensures high visibility and easy access to a diverse range of amenities and transportation options. The asking price for this property is $500,000, representing a compelling investment opportunity in a rapidly growing urban center. The property's central location offers excellent proximity to major transportation routes, facilitating seamless commutes for employees and clients alike. This makes it an attractive option for businesses seeking a strategic location to enhance their operational efficiency and market reach. The property's potential is further enhanced by its adaptability to suit a range of commercial needs, making it an ideal choice for businesses of all sizes. Serious inquiries are encouraged to explore the full potential of this exceptional downtown Elizabeth commercial property. Further details regarding the property's precise dimensions and specifications are available upon request.

    Property Features for 1137 Jersey St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Executive Cleaning Services-Commercial ... Commercial Cleaning Service The Glam Elizabeth Beauty Salon Aztec Ink Tattoos Tattoo Shop Inkmortal Tattoo Studio Tattoo And Piercing Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.21267
    Latitude
    40.66496

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Elizabeth location, ideal office space.
    Where is this commercial real estate located?
    The property is located at 1137 Jersey St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $500.
    (973) 729-7141
    Request Owner's contact information
    1137 Jersey St Elizabeth, NJ 07201
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    Elizabeth, NJ 07201
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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
    1137 Jersey St Elizabeth, NJ 07201
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