Property profile

228-230 Jersey St Elizabeth, NJ 07202

OFF-MARKET
Office Spaces
21,816 SF Built 1955
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Property summary

AI-generated overview

This exceptional four-story medical office building, located at 228-230 West Jersey Street in Elizabeth, New Jersey, presents a unique leasing opportunity. Situated on a 0.95-acre lot in Union County, this Class C building offers a total of 21,816 square feet of space, with 7,356 square feet currently vacant. The building was constructed in 1955 and boasts ample parking for tenants and their clients. Multiple tenancy options are available, with suites ranging from a minimum of 617 square feet to a maximum contiguous space of 1,996 square feet. This presents flexibility for practices of various sizes, from solo practitioners to larger medical groups. The building's location in a well-established and thriving neighborhood provides excellent visibility and accessibility for patients. The property's history as a trusted professional hub ensures a strong foundation for continued success. This is an ideal opportunity for medical professionals seeking established space in a convenient and reputable location. The address is 228-230 West Jersey Street, Elizabeth, NJ 07202. Contact us today to learn more about available suites and leasing options.

Property profile

Verified
Property type Office Spaces
Year built 1955
Total area 21,816 SF

Cap rate & NOI

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

Location

228-230 Jersey St Elizabeth, NJ 07202
Elizabeth metro
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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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