19 Elizabeth Ave Linden, NJ 07036
- Commercial real estate
- 1,296 SF
- 0.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 19 Elizabeth Ave
- Year built
- 1930
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.23 lot acres
- Property size
- 1,296 SF
- Property type
- Commercial real estate
- APN
- 09 00200-0000-00027
- APU
- 900200000000027
Description
This exceptional 14,200 square foot, two-story Class A building in Linden, NJ, presents a unique investment opportunity. Currently vacant, this versatile property offers a blend of commercial, retail, and office space, ideal for a variety of uses. The first floor boasts approximately 2,000 square feet of retail space, perfect for a storefront or food-related business, featuring two handicap-accessible bathrooms. Upstairs, 2,000 square feet of Class A office space provides a professional environment with private offices, a conference room, full kitchen, and bathroom. The remaining square footage comprises ample warehouse or processing space, complemented by a convenient drive-in door and industrial-grade freight elevator. Located on 19 E Elizabeth Ave, this property benefits from its prime location, just a few hundred feet from Wood Avenue, providing easy access to major highways including Routes 1 & 9 and the New Jersey Turnpike (Route 95). The 7-foot ceiling height in the warehouse area is suitable for various commercial activities. The building is well-maintained and ready for immediate occupancy or customization to suit your specific needs. This property is for sale at $3,100,000. Sale terms are negotiable.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,685,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,160,000
- 6.5%
- $1,275,000
- 7%
- $1,330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,355,000
- Geo Method
- $1,195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,340,000
- Retail
- $1,275,000
- Mixed-Use
- $1,220,000
- Hospitality
- $1,390,000
- Educational
- $1,000,000
- Residential Income
- $1,280,000
- Energy
- $1,260,000
- Income-Based Land
- $995,000
- Food Service
- $1,375,000
Location Insight
- Map
- Local Demand
- City
- Linden
- County
- Union
- State
- New Jersey
- Longitude
- -74.2521
- Latitude
- 40.6314
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
