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    930 E Grand St Elizabeth, NJ 07201

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    For Sale
    $950,000

    Fully renovated mixed-use property in central Elizabeth, NJ with income potential.

    Property size:
    3,885 SF

    Property Features for 930 E Grand St

    General Information

    Size
    3,885 SF

    Building Details

    Year built
    1909

    Source: 3SIXTY REALTY LLC Agent JAMILLE HERNANDEZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Investment Opportunity

    This mixed-use property features four units and is located in Elizabeth, NJ. The property was renovated in 2022. The ground floor commercial unit is currently occupied by a grocery store. There are two residential units, each featuring three bedrooms, one full bathroom, a modern kitchen, and a living room. A one-bedroom unit located behind the grocery store will be delivered vacant at closing, providing options for owner occupancy or immediate leasing. The property is centrally located with access to transportation, shopping, dining, and major highways. The property is suitable for investors seeking a turnkey property with immediate cash flow. The property size is 3,885 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elizabeth Grocery Grocery Store ATM Atm

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.2036165
    Latitude
    40.6648851

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    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use property in central Elizabeth, NJ with income potential.
    Where is this mixed-use property located?
    The property is located at 930 E Grand St 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: - Fully renovated mixed-use 4-unit property offering immediate cash flow potential.; - Prime location in central Elizabeth, NJ, with high tenant demand.; - Includes a thriving ground-floor commercial unit (grocery store).
    Request Owner's contact information
    930 E Grand St Elizabeth, NJ 07201
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    Elizabeth, NJ 07201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    930 E Grand St Elizabeth, NJ 07201
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