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Mixed-Use Portfolio with Nightclub
For Sale
$1,800,000

290 Morris Ave R, Elizabeth, NJ 07208

Two adjoining buildings combine commercial operations, multiple apartments, and unfinished basement areas for storage or future expansion.

Property SizeContact for details
Days on Market88

Property Features for 290 Morris Ave R

General Information

Standard status Active
Property subtype Commercial

Additional Details

Floor Main Floor
Public Transit Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $47,756

Amenities

Central air
2 Units Cooling
4+ Units Heating
Corner
Flat Roof
On-Street Parking

Building Details

Year Built 1925
Buildings 2
Listing Agency: ALLIGATOR PROPERTY MANAGEMENT LLC
Listed By: EMERSON AMADOR
Source: Corcoran
Added: Jun 5 Changed: Aug 31 Last Checked: Jun 15 at 1:09PM

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 ALLIGATOR PROPERTY MANAGEMENT LLC

Investment Insights

Based on property information with market context.

This mixed-use property includes two adjoining buildings with distinct commercial and residential components. One building has a main-level office configuration and two high-ceiling apartments above. The second includes a completed bar and nightclub on the ground floor, with two additional apartments on the upper levels. Together, the buildings contain four residential units alongside office and nightlife uses.

Separate unfinished basements in both buildings provide additional storage areas or space for future expansion. The property is located along Morris Ave in Elizabeth, with a Walk Score of 88, a Transit Score of 60, and a Bike Score of 51. Built in 1925, the asset combines commercial space, residential units, and below-grade areas within a contiguous multi-building configuration.

Key Highlights

  • Two contiguous mixed‑use buildings with office, nightlife, and residential components
  • Four residential units across the two buildings
  • Ground‑floor bar and nightclub at 296 Morris Ave

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Gym & Fitness Center Pet Store Pet Store & Service Restaurant

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,003
Businesses Nearby

Demographics for 07208, NJ

33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjoining buildings combine commercial operations, multiple apartments, and unfinished basement areas for storage or future expansion.
Where is this mixed-use property located?
The property is located at 290 Morris Ave R Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two contiguous mixed‑use buildings with office, nightlife, and residential components; Four residential units across the two buildings; Ground‑floor bar and nightclub at 296 Morris Ave
More about this property
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