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Freestanding Commercial Property with Lake Views
For Sale
$4,899,000

216 S 1St St, Elizabeth, NJ 07206

Exceptional commercial property with lake views, versatile and high-visibility.

Property Size1,500 SF
Price / SF$3,266
Days on Market423

Property Features for 216 S 1St St

General Information

Standard status Active
Size 1,500 SF

Taxes and HOA fees

Annual Taxes $51,030
Listing Agency: RE/MAX FIRST REALTY II
Listed By: SUSELLE SALERMO · License #301161
Source: Corcoran
Added: Jun 3, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 FIRST REALTY II

Investment Insights

Based on property information with market context.

This freestanding commercial property offers potential with lake views. The property features 2 lavatories and ample interior space. Flexible zoning allows for a variety of uses. The standalone structure provides control over branding and layout, with generous parking and easy access for customers and staff. The property size is 1500 square feet.

Key Highlights

  • Breathtaking Lake/Water Views
  • High‑Visibility Location
  • Freestanding Structure with Complete Control Over Branding and Layout

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store

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

422
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Exceptional commercial property with lake views, versatile and high-visibility.
Where is this commercial land located?
The property is located at 216 S 1St St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $4,899,000.
What are key features of this property?
This property features: Breathtaking Lake/Water Views; High‑Visibility Location; Freestanding Structure with Complete Control Over Branding and Layout
More about this property
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