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Property profile & analytics

Newark Ave Elizabeth, NJ 07208

  • Investment properties
  • 2,100 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Investment properties

Property Details for Newark Ave

Property size
2,100 SF
Property type
Investment properties

Description

This exceptional commercial property, located on Newark Avenue in Elizabeth, New Jersey, presents a fantastic investment opportunity. Boasting a generous 2,100 square feet of space, this business opportunity is ideally situated for a variety of uses. The property is priced competitively at $375,000, making it an attractive proposition for entrepreneurs and investors alike. The absence of land acreage (0 acres) indicates the property is likely a building or unit within a larger complex, focusing the investment solely on the interior space and its potential. The location on Newark Avenue in Elizabeth, NJ, offers excellent visibility and accessibility, potentially benefiting from high foot traffic or proximity to major transportation routes. The property's versatility allows for a wide range of business applications, making it suitable for various commercial ventures. Further due diligence is recommended to fully assess the property's zoning regulations and potential uses. This is a rare chance to acquire a well-positioned commercial space in a thriving New Jersey market. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and price point make it an attractive option for businesses seeking a strategic location in a dynamic urban setting. The absence of land associated with the property suggests a focus on the building's interior and its potential for immediate business operations. This presents a streamlined investment opportunity with minimal land management concerns.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.2129
Latitude
40.6754
More about this property
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