Mixed-Use Building with
For Sale
$560,000
645 Magnolia Ave, Elizabeth, NJ 07206
Three-unit mixed-use building featuring a restaurant and two apartments.
Property SizeContact for details
Days on Market459
Property Features for 645 Magnolia Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$16,761
Building Details
Year Built
9999
Listing Agency:
KELLER WILLIAMS METROPOLITAN
(973) 539-1120
Listed By:
ROSSE MARY MENDEZ
Source:
Corcoran
Added: May 29, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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 KELLER WILLIAMS METROPOLITAN
Investment Insights
Based on property information with market context.
This mixed-use commercial building features a restaurant and two apartments. The restaurant seats 75 people and includes all appliances, fixtures, furniture, and refrigeration units. The building includes two apartments, each featuring two bedrooms, located on the Trumbull Street side. The commercial space, currently operating as a restaurant, is situated on the Magnolia Avenue side. The property is located on both Magnolia Avenue and Trumbull Street and is being sold "as is."
Key Highlights
- Three‑unit mixed‑use commercial building featuring a restaurant and two apartments.
- Restaurant business included: appliances, fixtures, furniture, and refrigeration units.
- Restaurant SEATS 75 PEOPLE.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,465
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit mixed-use building featuring a restaurant and two apartments.
Where is this mixed-use property located?
The property is located at 645 Magnolia Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Three‑unit mixed‑use commercial building featuring a restaurant and two apartments.; Restaurant business included: appliances, fixtures, furniture, and refrigeration units.; Restaurant SEATS 75 PEOPLE.
