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    Retail Storefront Property Title is generated by Realmo AI

    1137 Dickinson St, Elizabeth, NJ 07201

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    For Sale
    $1,200,000

    A furniture store-operated storefront property suited for retail continuity, redevelopment, or owner-user occupancy.

    Type:Commercial
    Property size:
    4,800 SF
    Price / SF:
    $250/SF
    Added:
    Jun 4, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 5 at 2:26 am

    Property Features for 1137 Dickinson St

    General Information

    Standard status
    Active
    Size
    4,800 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1965

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    Listing Contact
    CARLOS BOLIVAR

    Listing agent CARLOS BOLIVAR License #1432526

    Listing office RE/MAX IN ACTION

    Listing date Jun 4, 2026

    Source Corcoran

    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 IN ACTION

    HighLights

    • Commercial property built in 1965, currently operating as a furniture store
    • 1137‑1141 Dickinson Street suited for retail continuity, owner‑user occupancy, or redevelopment
    • Versatile use for retail, mixed‑use redevelopment, or investment purposes

    Overview

    This property is currently operating as a furniture store and presents a flexible retail storefront configuration for continued commercial use. It is offered for sale to support a range of paths, including owner-user use, investment holding, or redevelopment and expansion plans based on the property’s existing retail presence.

    Located at 1137-1141 Dickinson Street in Elizabeth, NJ, the site is described as having convenient access to major highways, transportation hubs, and local amenities. Elizabeth’s broader commercial context includes proximity to regional transportation assets and the New York metropolitan area, which may support a variety of retail and mixed-use considerations.

    For tenants, buyers, or developers seeking a retail-oriented asset, the property’s current furniture store operation may provide an immediate foundation for retail continuity while still allowing redesign if your business requirements call for changes. If you’re evaluating options in Union County, this offering can be aligned to a retail concept, an owner-user buildout, or a redevelopment plan tailored to the next intended use.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $103.7k $21.60
    − Vacancy −$8.8k −$1.84
    EGI $94.9k $19.76
    − OpEx −$28.5k −$5.93
    NOI $66.4k $13.83
    4,800 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $948.7K
    $830.1K – $1.11M (±1% cap)
    NOI $66,407 @ 7.0% cap · market cap 5.53%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.78M
    $1.56M – $2.07M (±1% cap)
    NOI $124,453 @ 7.0% cap · market cap 10.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • My Flower's Party Shop — 804 1st Ave, Elizabeth, NJ 07201
    • NJ Wedding Flowers — 1163 Elizabeth Ave 1st Floor, Ste 1163, Elizabeth, NJ 07201
    • NJ Wedding Flowers — 2 clover st, elizabeth, nj 07202
    • The Flower Puff Too — 1067 Elizabeth Ave, Elizabeth, NJ 07202
    • Linda's Florist — 859 elizabeth ave, elizabeth, nj 07201

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2130422
    Latitude
    40.6630719

    FAQs

    What type of property is this?
    Storefront property - A furniture store-operated storefront property suited for retail continuity, redevelopment, or owner-user occupancy.
    Where is this storefront property located?
    The property is located at 1137 Dickinson St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Commercial property built in 1965, currently operating as a furniture store; 1137‑1141 Dickinson Street suited for retail continuity, owner‑user occupancy, or redevelopment; Versatile use for retail, mixed‑use redevelopment, or investment purposes
    More about this property
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