Mixed-Use Building on Elizabeth
For Sale
$850,000
Pending
1131 1133 Elizabeth Av, Elizabeth, NJ 07201
Mixed-use building with storefronts and apartments in Elizabeth, NJ.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market281
Property Features for 1131 1133 Elizabeth Av
General Information
Standard status
Pending
Lot size
0.07 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$16,570
Amenities
3 Units Heating
Flat Roof
Off-Street Parking
Listing Agency:
RE/MAX NEW MILLENNIUM GROUP
(908) 282-1234
Listed By:
KAREN LAY
Source:
Corcoran
Added: Dec 4, 2025
Changed: Sep 10
Last Checked: Sep 11 at 7:04AM
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 RE/MAX NEW MILLENNIUM GROUP
Investment Insights
Based on property information with market context.
This mixed-use building is located on Elizabeth Avenue in Elizabeth, NJ. The property features two storefronts on the first floor and two apartments upstairs. The building provides a flexible investment opportunity in an area with high foot and vehicle traffic. The property has separate utilities, with the exception of heat between the stores. The first floor offers commercial spaces suitable for retail or service businesses. The two residential units on the upper floor are currently under month-to-month leases, providing flexibility for rent adjustments, renovations, or repositioning. Repairs have been completed between 2022 and 2024, including work on the heating, water heaters, roofs, and electrical circuits, as well as other cosmetic repairs.
Key Highlights
- High‑visibility location on Elizabeth Ave with nonstop foot and vehicle traffic, ideal for commercial tenants.
- Mixed‑use building with two storefronts and two apartments provides immediate income potential and investment flexibility.
- Newer roof and nearly new water heaters reduce immediate repair costs.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,241
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with storefronts and apartments in Elizabeth, NJ.
Where is this mixed-use property located?
The property is located at 1131 1133 Elizabeth Av Elizabeth, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑visibility location on Elizabeth Ave with nonstop foot and vehicle traffic, ideal for commercial tenants.; Mixed‑use building with two storefronts and two apartments provides immediate income potential and investment flexibility.; Newer roof and nearly new water heaters reduce immediate repair costs.
