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Turn-Key Medical Office Suites
For Sale
$38,000

702 N Broad St, Elizabeth, NJ 07208

Well-lit medical and professional office suites with an elevator and ample parking on a major street near transit lines.

Property Size28,000 SF
Price / SF$1.36
Days on Market133

Property Features for 702 N Broad St

General Information

Standard status Active
Size 28,000 SF

Building Details

Year Built 1978
Listing Agency: YALE KENT, LLC.
Listed By: STEPHEN BUCH · License #300028
Source: Goldstandardrealty
Added: Apr 24 Changed: Sep 3 Last Checked: Sep 2 at 4:19PM

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 YALE KENT, LLC.

Investment Insights

Based on property information with market context.

Turn-key medical and professional office suites and rooms suitable for medical, dental, therapy, health, cosmetic treatments, and clinical or other professional uses. The space is described as well lit and includes elevator access and professional office layouts intended for visitors and day-to-day operations. Utilities, FIOS internet, and cleaning services are negotiable and may be included in a low monthly fee, subject to agreement.

The property is located on a major street in Elizabeth, NJ, and is noted as being near train and bus lines. Off-street parking is highlighted as a key feature, with “tons of parking” available.

The seller indicates that short-term leases will be considered. Visitor inquiries are welcomed, and approval criteria include limits on “credit” and “first time tenants,” with new professionals considered for approval.

Key Highlights

  • Office zoning with freestanding commercial space in the Central Business District (CBD)
  • 15 parking spaces with shared driveway and off‑street parking on a .5 lot with irregular/open topography
  • Elevator included for access to professional office suites

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Catering Service Gym & Fitness Center Kitchen & Bath Showroom Restaurant (Bike/Boat/Book/etc) Store Home Appliance Store

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

1,153
Businesses Nearby

Demographics for 07208, NJ

33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-lit medical and professional office suites with an elevator and ample parking on a major street near transit lines.
Where is this office units located?
The property is located at 702 N Broad St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $38,000.
What are key features of this property?
This property features: Office zoning with freestanding commercial space in the Central Business District (CBD); 15 parking spaces with shared driveway and off‑street parking on a .5 lot with irregular/open topography; Elevator included for access to professional office suites
More about this property
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