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Two-Storefront Mixed-Use Building
For Sale
$850,000

1133 Elizabeth Avenue, Elizabeth, NJ 07201

Dual commercial spaces and upstairs apartments create a flexible mixed-use configuration.

Property Size9,999 SF
Price / SF$85.01
Days on Market293

Property Features for 1133 Elizabeth Avenue

General Information

Standard status Active
Size 9,999 SF
Property subtype Multi Family / 2-Two Story
Net Operating Income $9,999

Property Condition

Severity Repairs Needed
Evidence need some tlc

Taxes and HOA fees

Annual Taxes $16,570

Amenities

Yes
No
Flat
Unfinished, Walkout
Patio
Brick/Block

Building Details

Year Built 9999
Buildings 1
Listing Agency: RE/MAX NEW MILLENNIUM GROUP
Listed By: JAYCE LOPEZ · License #311696
Source: Compass
Added: Nov 10, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:43AM

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 combines two ground-floor storefronts with two apartments above, creating separate commercial and residential components within one property. The storefronts can accommodate retail or service-oriented occupancy, while both apartments are leased month to month. The residential units provide existing occupancy with flexibility for future repositioning.

The property is located on Elizabeth Avenue in Elizabeth, NJ, with exposure to both pedestrian and vehicle traffic. Separate utilities serve the spaces, except for shared heat between the storefronts. Major work completed between 2022 and 2024 includes heating, water heaters, roofing, electrical circuits, and additional cosmetic repairs. The building also includes a patio and brick/block exterior.

Key Highlights

  • Two ground‑floor storefronts with two upstairs apartments
  • Both residential units are on month‑to‑month leases
  • Separate utilities, except for heat serving the storefronts

Property Analytics

Current Use

New Concept by ... Hair Salon

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

3,241
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Dual commercial spaces and upstairs apartments create a flexible mixed-use configuration.
Where is this mixed-use property located?
The property is located at 1133 Elizabeth Avenue 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: Two ground‑floor storefronts with two upstairs apartments; Both residential units are on month‑to‑month leases; Separate utilities, except for heat serving the storefronts
More about this property
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