Property profile

1317 North Ave Elizabeth, NJ 07208

OFF-MARKET
Retail properties & Spaces
Built 2016
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Property summary

AI-generated overview

This exceptional 2,000 square foot office space, located in Elizabeth, New Jersey's prestigious Westminster section, is available for lease. Built in 2016 and renovated in 2000, this Class A, single-tenant property offers a contemporary and efficient layout ideal for various professional uses. The space boasts multiple individual workstations, four private offices, a large conference room, a spacious main office area, and a welcoming reception area. Three assigned parking spaces are included. The building features one elevator in a three-story structure. The property is zoned for office, apartments, and multi-use purposes, providing flexibility for diverse business needs. Its strategic location near Kilsyth Road offers convenient access to public transportation, shops, banks, and bus stops. A long-term lease is preferred. The monthly rent is $3,750 (or $22.50 per square foot), with utilities paid separately. This move-in ready space is perfect for businesses seeking a professional and convenient location in a thriving area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2016

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Film Production Television Studio

Location

1317 North Ave Elizabeth, NJ 07208
Elizabeth metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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