1137 Jersey St, Elizabeth, NJ 07201
This exceptional commercial property, located at 1137 E Jersey St in the heart of downtown Elizabeth, NJ, presents a fantastic opportunity for businesses seeking a vibrant and accessible location. Situated on a 0.21-acre lot, the property offers ample space for a variety of commercial uses. While the exact square footage is currently unavailable, the building's prime location in desirable downtown Elizabeth ensures high visibility and easy access to a diverse range of amenities and transportation options. The asking price for this property is $500,000, representing a compelling investment opportunity in a rapidly growing urban center. The property's central location offers excellent proximity to major transportation routes, facilitating seamless commutes for employees and clients alike. This makes it an attractive option for businesses seeking a strategic location to enhance their operational efficiency and market reach. The property's potential is further enhanced by its adaptability to suit a range of commercial needs, making it an ideal choice for businesses of all sizes. Serious inquiries are encouraged to explore the full potential of this exceptional downtown Elizabeth commercial property. Further details regarding the property's precise dimensions and specifications are available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.