Financial
Distress signals
Property profile

439-441 3rd Ave 441 Elizabeth, NJ 07206

OFF-MARKET
Commercial real estate
Property ID
US59-1286540
4,349 SF 0.22 ac lot Built 1950
Last sale Aug 2015 · $279,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Elizabeth, NJ industrial property offers a compelling investment opportunity with a 10.80% cap rate. Priced at $999,999, this property boasts 4,054 square feet across two buildings situated on a 9,500 square foot lot. Completely renovated in 2023, the property features a front building (2,387 sq ft) ideal for automotive or workshop use, with 12-foot-high doors and a private driveway. The rear building (1,672 sq ft) provides office space and storage, perfect for administrative…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2023$40k
Assessed land$15k
Assessed improvement$25k
Effective rate30.58%

Value estimate

· Sep 2026
$900k
$810k – $990k
AI approach$905k
CAP approach$925k
Submarket $/SF estimate$737k

Realmo valuation models over county records and 33 qualifying comparable sales.

Recently sold

What actually traded nearby?
$183/SF
ZIP average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$132 – $263
Qualifying comparables33

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionUNION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.8
Law Firm14.0
Dental Office12.8

Location

439-441 3rd Ave, Unit 441 Elizabeth, NJ 07206-1034
County assessor Recorded deeds · 5 transfers 33 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
403 Jersey, Elizabeth, NJ 07206-1318 $710,000 Jun 2025 3,636 SF
130 1st, Elizabeth, NJ 07206-1749 $550,000 Aug 2024 3,919 SF
216 3rd, Elizabeth, NJ 07206-1933 $1,200,000 May 2024 3,750 SF
233 2nd, Elizabeth, NJ 07206-2056 $775,000 Mar 2024 5,173 SF
212 2nd, Elizabeth, NJ 07206-1901 $200,000 Feb 2024 3,480 SF
169 3rd, Elizabeth, NJ 07206-1955 $950,000 Feb 2024 4,125 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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