335 Elizabeth Ave, Elizabeth, NJ 07206
Commercial - Elizabeth City, NJ
- Added:
- Apr 9, 2026
- Days on Market:
- 73
- Last Refresh:
- Jun 20 at 4:06 am
Property Features for 335 Elizabeth Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed Use
- Rooms
- Basement
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 3,166 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 15242
Utilities
- Heating system
- Baseboard
- Cooling system
- Multi Units
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 3
- Building materials
- Block, Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent ALEKSANDAR RISTOVIC
Listing office REAL 165 PASSAIC AVE, Haddon Township, NJ (855) 450-0442
Listing date Apr 9, 2026
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.
HighLights
- Mixed‑use building: Ground floor retail/commercial space with residential units above.
- Investment/Owner‑user opportunity.
- Three total units.
- Two residential units, each with 4 bedrooms and 1 bath.
- Ground floor currently configured for restaurant use.
- Building constructed of block and brick.
Overview
The property is located at 335 Elizabeth Ave in Elizabeth City, NJ, in Union County. The listing is designated under Mixed Use zoning, supporting the combination of commercial and residential use within the building.
For buyers seeking an owner-user arrangement, the ground-floor restaurant provides direct commercial space while the two upper residential units can support additional income. Investors may also value the straightforward mix of one street-level commercial unit and two separate residential units, each with the same 4-bedroom and 1-bath layout described in the offering.
Local Financial Insights For Specialty 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 | $72.2k | $22.80 |
| − Vacancy | −$4.7k | −$1.48 |
| EGI | $67.5k | $21.32 |
| − OpEx | −$16.9k | −$5.33 |
| NOI | $50.6k | $15.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.19543
- Latitude
- 40.6513
