1131 1133 Elizabeth Av Elizabeth, NJ 07201

Listing agency RE/MAX NEW MILLENNIUM GROUP Show Phone

Listed by KAREN LAY

Source Corcoran

Added: Dec 4, 2025 Updated: Jul 6 at 10:01AM Checked: Jul 21 at 5:46AM

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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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FAQs

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.