Mixed-Use Building with
For Sale
$950,000
701 Grier Ave, Elizabeth, NJ 07202
Well-maintained building includes four residential units and one ground-level storefront, plus a two-car garage.
Property SizeContact for details
Days on Market149
Property Features for 701 Grier Ave
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$22,901
Amenities
Central air
Asphalt Shingle Roof
2 Car Width
4+ Units Heating
Baseboard - Hotwater Heating
Blacktop Driveway
Corner
Wall A/C Unit(s) Cooling
Building Details
Year Built
1920
Listing Agency:
RE/MAX NEW MILLENNIUM GROUP
(908) 282-1234
Listed By:
IDALINA LOPES · License #268221
(908) 413-0400
Source:
Corcoran
Added: Jun 1
Changed: Oct 27
Last Checked: Oct 26 at 5:05PM
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 RE/MAX NEW MILLENNIUM GROUP
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Investment Insights
Based on property information with market context.
This well-maintained mixed-use property includes four residential units and one ground-level retail storefront. The building also has a two-car garage, supporting convenient on-site parking. Two of the residential units will be delivered vacant at closing. The property is being sold in “as is” condition.
The property is conveniently located near shopping, dining, public transportation, and major highways, providing practical day-to-day access for both tenants and retail customers.
For buyers seeking combined residential income and a ground-level commercial component, the existing configuration offers multiple income streams within a single building.
The property is conveniently located near shopping, dining, public transportation, and major highways, providing practical day-to-day access for both tenants and retail customers.
For buyers seeking combined residential income and a ground-level commercial component, the existing configuration offers multiple income streams within a single building.
Key Highlights
- Mixed‑use building with 4 residential units plus 1 ground‑level storefront
- Corner lot with 2‑car garage
- Zoned Commercial
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,131
Businesses Nearby
Explore this area
Business Placement
Demographics for 07202, NJ
43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained building includes four residential units and one ground-level storefront, plus a two-car garage.
Where is this mixed-use property located?
The property is located at 701 Grier Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Mixed‑use building with 4 residential units plus 1 ground‑level storefront; Corner lot with 2‑car garage; Zoned Commercial
