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    Property profile & analytics

    Elizabeth Ave Elizabeth, NJ 07206

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Elizabeth Ave

    Year built
    2016
    Property type
    Commercial real estate

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.1897
    Latitude
    40.6452

    Comparable in this City

    • Value Estimation by Request
      5,600 SF

      645 Magnolia Ave

      Land • 5,600 SF
      645 Magnolia Ave, Elizabeth, NJ 07206-1407
      View Details
    • Value Estimation by Request
      0.24 Acres

      65 Jersey St Rear, Unit 1057

      COMMERCIAL (GENERAL) • 0.24 Acres
      65 Jersey St Rear, Elizabeth, NJ 07206-1704
      View Details
    • Value Estimation by Request
      0.08 Acres

      81-87 2nd St, Unit 87

      COMMERCIAL (GENERAL) • 0.08 Acres
      81-87 2nd St, Elizabeth, NJ 07206-1714
      View Details
    • Value Estimation by Request
      4,309 SF

      409 Elizabeth Ave

      COMMERCIAL (GENERAL) • 4,309 SF
      409 Elizabeth Ave, Elizabeth, NJ 07206-1129
      View Details
    • Value Estimation by Request
      3,168 SF

      545 Elizabeth Ave

      COMMERCIAL (GENERAL) • 3,168 SF
      545 Elizabeth Ave, Elizabeth, NJ 07206-2688
      View Details
    • Value Estimation by Request
      3,338 SF

      541 Elizabeth Ave

      COMMERCIAL (GENERAL) • 3,338 SF
      541 Elizabeth Ave, Elizabeth, NJ 07206-2686
      View Details

    Similar Nearby for Sale

    • $3,225,000
      0.11 Acres

      Elizabeth Avenue Mixed-Use Investment

      Prime Elizabeth, NJ multifamily & retail. High ROI potential.
      Elizabeth Ave, Elizabeth, NJ 07206
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    • $2,000,000
      0.27 Acres

      Elizabeth Ave Commercial Land

      Prime 0.27-acre commercial lot in Elizabeth, NJ.
      320-326 Elizabeth Ave, Elizabeth, NJ 07206
      View Details
    • $888,000

      Elizabeth, NJ Mixed-Use Corner Property

      High-Income Potential, Prime Location
      60-62 4Th St, Elizabeth, NJ 07206
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    • $600,000
      5,600 SF

      Elizabeth City Commercial Property

      Restaurant & Apartments, Prime Location
      645 Magnolia Ave, Elizabeth, NJ 07206-1407
      View Details
    • $1,200,000
      0.12 Acres

      Elizabethport Commercial Investment Opportunity

      High-Yield Multi-Unit Property with Garage
      9-15 1St St, Elizabethport, NJ 07206
      View Details
    • $990,000
      4,828 SF

      Elizabeth Avenue Commercial Land Investment

      High-yield mixed-use property in Elizabeth, NJ
      433 Elizabeth Ave, Elizabeth, NJ 07206
      View Details

    Similar Nearby for Lease

    • $5,000 /Mo
      2,614 SF

      Elizabeth City Commercial Space Available

      3,500 sq ft open space in high-traffic Elizabeth location.
      324 2Nd St, Elizabeth, NJ 07206
      View Details
    • $2,600 /Mo

      Modern Apartment with Stainless Appliances

      Upper floor 3-bedroom apartment with modern features and convenient location.
      253 Pine St, Elizabeth, NJ 07206
      View Details
    • $2,300 /Mo

      Charming Three-Bedroom Apartment For Rent

      Comfortable 3-bedroom apartment in Elizabeth, close to amenities.
      255 Magnolia Ave, Elizabeth, NJ 07206
      View Details
    • $2,250 /Mo

      Office Space Near Transportation Hub

      Office space with offices, kitchen, and close to transportation.
      210 Trumbull St, Elizabeth, NJ 07206
      View Details
    • $2,400 /Mo

      Spacious Apartment with Loft Area

      Three-bedroom apartment with loft, eat-in kitchen, and private backyard.
      537 S Park St, Elizabeth, NJ 07206
      View Details
    • $2,600 /Mo

      New House Near Goethals Bridge

      Brand new house near Goethals Bridge to NY.
      230 Erie St, Elizabeth, NJ 07206
      View Details
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    Elizabeth Ave
    Elizabeth, NJ 07206
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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
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