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Mixed-Use Triplex with Restaurant
For Sale
$749,000

442 Elizabeth Ave, Elizabeth, NJ 07206

Multi-Family, 3-Three Story, Elizabeth City, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market101

Property Features for 442 Elizabeth Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 2
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 19 Last Checked: Aug 21 at 10:06AM
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 three-level mixed-use property at 442 Elizabeth Ave combines a restaurant on the first floor with residential space above. The second floor contains a two-bedroom apartment, while the third floor offers a one-bedroom unit. Newly installed boilers are among the recent property improvements.

Built in 1910, the property occupies a 0.09-acre lot in a busy retail area of Elizabeth City. Public water and public sewer serve the site, with hot-water and baseboard heating, a shingle roof, and basement space. The layout provides distinct commercial and residential components within one building.

Key Highlights

  • Three‑level mixed‑use triplex with first‑floor restaurant
  • Second‑floor two‑bedroom apartment
  • Third‑floor one‑bedroom apartment

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

1,725
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
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use building combines a ground-floor restaurant with two upper-level apartments.
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 $749,000.
What are key features of this property?
This property features: Three‑level mixed‑use triplex with first‑floor restaurant; Second‑floor two‑bedroom apartment; Third‑floor one‑bedroom apartment
More about this property
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