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Triplex with First-Floor Restaurant
For Sale
$750,000

442 Elizabeth Ave, Elizabeth, NJ 07206

MULTI_FAMILY - Elizabeth City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market89

Property Features for 442 Elizabeth Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Basement, Bedroom 1, Bedroom 3
Parking 1
Directions S 5th St. a right onto Elizabeth Ave.
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11032

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard
Water source Public

Building Details

Year built 1910
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: KELLER WILLIAMS MID-TOWN DIRECT · Keller Williams Realty
Listed By: MENACHEM SILBERMAN
Added: May 13 Changed: Aug 3 Last Checked: Aug 9 at 9:06PM
MLS# 4027397

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 triplex offers a mixed-use layout with residential units above a first-floor restaurant. The second floor includes a two-bedroom apartment that is rented by the restaurant, and the third floor has a one-bedroom unit.

The property is built in 1910 and sits on a 0.09-acre lot. Updates include newly installed boilers. Heating is provided via baseboard and hot water systems, and the roof is shingle.

Public water and public sewer services are available. The home is arranged to support both restaurant operations at street level and apartment living on the upper floors.

Key Highlights

  • 0.09‑acre triplex with first‑floor restaurant and apartments above
  • Second‑floor two‑bedroom apartment rented by the restaurant
  • Third‑floor one‑bedroom unit

Property Analytics

Current Use

Machupicchu Restaurant ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Garden Center Locksmith Catering 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.

Location Intelligence

Trade Area within ½ mile

644
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit triplex with a restaurant on the first floor and two- and one-bedroom apartments above.
Where is this triplex located?
The property is located at 442 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.09‑acre triplex with first‑floor restaurant and apartments above; Second‑floor two‑bedroom apartment rented by the restaurant; Third‑floor one‑bedroom unit
More about this property
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