Mixed-Use Investment Opportunity,
416 S 5Th St, Elizabeth, NJ 07206
For Sale
$1,100,000
Mixed-use property with commercial storefront and two residential units.
Property Size2,613 SF
Price / SF$420.97
Days on Market168
Property Features for 416 S 5Th St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Central air
1 Unit Cooling
3 Units Heating
Baseboard - Hotwater Heating
Central Air Cooling
Forced Hot Air Heating
Level Lot
On-Street Parking
Rubberized Roof
Building Details
Year Built
Listing Agency:
COLDWELL BANKER LIBERTY
(908) 527-1711
Listed By:
MARIANNA L. PEREIRA
(908) 210-1249
Source:
Corcoran
Added: May 26
Changed: Aug 22
Last Checked: Aug 25 at 4:44AM
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 COLDWELL BANKER LIBERTY
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Investment Insights
Based on property information with market context.
This mixed-use property is located in Elizabeth and offers a commercial storefront on the first floor, along with two residential apartments on the second floor. The residential units include one 2-bedroom unit and one 3-bedroom unit. The commercial space features street-level visibility, making it suitable for professional or retail uses, subject to municipal approvals. The residential units offer rental potential, with practical layouts and living spaces. The property is located with access to local shops, transportation, major roadways, and nearby amenities. The property size is 2613 square feet. It is suitable for investors, owner-users, or buyers looking to combine business and rental income.
Key Highlights
- Mixed‑use property with commercial storefront and two residential units (2‑bedroom and 3‑bedroom).
- Prime location in the heart of Elizabeth with convenient access to shops, transportation, and major roadways.
- Strong rental income potential from the two residential units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,059
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,180
$721.2K
Cap Rate 7%
$515,129
$515.1K
Cap Rate 9%
$400,656
$400.7K
Market Conditions
NOI Build-Up for 2,613 SF
Gross rent
$62.7K $24.00/SF
− Vacancy
−$5.0K −$1.92/SF
EGI
$57.7K $22.08/SF
− OpEx
−$21.6K −$8.28/SF
NOI
$36.1K $13.80/SF
Area
Elizabeth, NJ
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,180
Cap Rate 7%
$515,129
Cap Rate 9%
$400,656
Alternative Uses
Best Use
Mixed Use
$515.1K
$450.7K – $601.0K
NOI $36,059 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$967.8K
$846.9K – $1.13M
NOI $67,749 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
Explore this area
Business Placement
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
$339,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Elizabeth, NJ
Properties on Market for Mixed-use properties in Elizabeth
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with commercial storefront and two residential units.
Where is this mixed-use property located?
The property is located at 416 S 5Th St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Mixed‑use property with commercial storefront and two residential units (2‑bedroom and 3‑bedroom).; Prime location in the heart of Elizabeth with convenient access to shops, transportation, and major roadways.; Strong rental income potential from the two residential units.
