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5-Unit Mixed-Use Property
New
For Sale
$1,499,000

149 Elmora Ave, Elizabeth, NJ 07202

Multi-Family, Under/Over, Elizabeth City, NJ

Property SizeContact for details
Days on Market2

Property Features for 149 Elmora Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 4
Half bathrooms 2
Rooms Bathroom 3, Bedroom 1, Bedroom 7, Bedroom 5, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 4, Bedroom 2
Parking 7
Patio and Porch features Patio
Interior features Carbon Monoxide Detector, Smoke Detector, Wood Floors
Exterior features Patio
Elementary school Elmora
Middle school Elmora
High school Elmora
Directions Use GPS to 149 Elmora Ave, Elizabeth, NJ 07202. Near major highways, public transit, Newark Airport, shopping, dining & NYC transportation.
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14972

Utilities

Utilities Cable Available
Heating system Other (Heating), Hot Water(Heating), Radiant
Water source Public

Building Details

Year built 1925
Number of units 4
Roof type Shingle
Architectural style Other
Listing Agency: RE/MAX SELECT · RE/MAX International
Listed By: RICHARD BRITO BENJAMIN · License #2327380
Added: Oct 5 Last Checked: Oct 6 at 12:06AM
MLS# 4056978

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property at 149 Elmora Ave in Elizabeth contains five units: three residential apartments and two commercial spaces. Tenants occupy the units under month-to-month agreements. The building dates to 1925 and includes wood floors and a patio.

Elmora Avenue is lined with restaurants, banks, supermarkets, laundromats, shops, and other established businesses. The property is also near Newark Liberty International Airport, major highways, and public transportation, with Manhattan approximately 30 minutes away.

Key Highlights

  • Five units: three residential apartments and two commercial spaces
  • All tenants have month‑to‑month agreements
  • Built in 1925

Property Analytics

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Current Use

Locker Room Couture (Bike/Boat/Book/etc) Store Union Multiservices Bank Vigo Bank

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pet Store Veterinary Clinic Nursing Home Pet Store & Service

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

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,495
Businesses Nearby

Demographics for 07202, NJ

43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The property combines three apartments with two commercial spaces, with month-to-month tenant agreements.
Where is this mixed-use property located?
The property is located at 149 Elmora Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Five units: three residential apartments and two commercial spaces; All tenants have month‑to‑month agreements; Built in 1925
More about this property
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