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    321 Jefferson Ave Elizabeth, NJ 07201

    For Lease
    $3,500 /Mo

    Retail space with high foot traffic, close to schools.

    Lot size:
    0.15 Acres

    Property Features for 321 Jefferson Ave

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1915

    Source: RE/MAX FIRST REALTY II Agent CECILIA ABERASTEGUI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in High-Traffic Area

    This retail space is located in an area with high foot traffic and proximity to schools, making it suitable for a corner store. The property offers a blank canvas, allowing for customized layout and design to meet specific business needs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Flowers by Ines, Pai day Productions, Monroy’s Florist, Blossoms By Maude Florist

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.210269
    Latitude
    40.6689915

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    FAQs

    What type of property is this?
    Storefront property - Retail space with high foot traffic, close to schools.
    Where is this storefront property located?
    The property is located at 321 Jefferson Ave Elizabeth, NJ.
    What are key features of this property?
    This property features: - High foot traffic location; - Close to schools; - Blank canvas for store layout and design
    (908) 664-1500
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    Elizabeth, NJ 07201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Jefferson Ave Elizabeth, NJ 07201
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