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Brick Office Building
For Sale
Contact for pricing
Pending

1040 Elizabeth Ave, Elizabeth, NJ 07201

Multi-tenant office property with occupied suites, dedicated utility metering, and access to three parking spaces.

Property SizeContact for details
Days on Market144

Property Features for 1040 Elizabeth Ave

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Industrial
Occupancy 100%
Net Operating Income $84,653

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Sep 1 at 1:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

This brick office building is configured for multiple occupants. The first floor contains approximately 4,000 square feet and is leased to one tenant. The second floor is divided into four offices occupied by three tenants, providing a multi-suite layout. Tenants are responsible for their own electric and gas service, while the owner pays for water.

The property includes four gas meters and five electric meters. Three parking spaces are available through the municipal parking lot. The existing tenant configuration provides occupancy across both floors, with the first-floor lease extending through 2025.

Key Highlights

  • Approximately 4,000 SF on the first floor
  • Second floor includes four offices with three tenants
  • Four gas meters and five electric meters

Property Analytics

Current Use

EVANGELICAL Church Church Twins Furniture Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,490
Businesses Nearby

Demographics for 07201, NJ

29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office property with occupied suites, dedicated utility metering, and access to three parking spaces.
Where is this office building located?
The property is located at 1040 Elizabeth Ave Elizabeth, NJ.
What are key features of this property?
This property features: Approximately 4,000 SF on the first floor; Second floor includes four offices with three tenants; Four gas meters and five electric meters
More about this property
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