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    Elizabeth Office Building For Sale Title is generated by Realmo AI

    802 3rd Avenue, Elizabeth, NJ 07202

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    For Sale
    $1,199,000

    Office building with 4,122 square feet of space.

    Type:Commercial
    Property size:
    4,122 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $290/SF
    Added:
    Mar 4, 2026
    Days on Market:
    101
    Last Refresh:
    Apr 5 at 9:01 pm

    Property Features for 802 3rd Avenue

    General Information

    Standard status
    Active
    Size
    4,122 SF
    Lot size
    0.06 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1895

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    Listing Contact
    RYAN DE LA UZ

    Listing agent RYAN DE LA UZ License #1860460

    Listing office KELLER WILLIAMS REALTY WEST MONMOUTH

    Listing date Mar 4, 2026

    Source Corcoran

    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 REALTY WEST MONMOUTH

    HighLights

    • 4,122 square feet of office space.
    • Office building.
    • Built in 1895.

    Overview

    This commercial property is an office building offering 4,122 square feet of space. The property is located in Elizabeth, New Jersey.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $118.7k $28.80
    − Vacancy −$20.8k −$5.04
    EGI $97.9k $23.76
    − OpEx −$24.5k −$5.94
    NOI $73.5k $17.82
    4,122 SF · lease $28.80/SF/yr · vacancy 17.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.05M
    $918.2K – $1.22M (±1% cap)
    NOI $73,454 @ 7.0% cap · market cap 6.13%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.53M
    $1.34M – $1.78M (±1% cap)
    NOI $106,874 @ 7.0% cap · market cap 8.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2065
    Latitude
    40.6574

    FAQs

    What type of property is this?
    Office building - Office building with 4,122 square feet of space.
    Where is this office building located?
    The property is located at 802 3rd Avenue Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: 4,122 square feet of office space.; Office building.; Built in 1895.
    More about this property
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