Property profile

225-229 Broad St 229 Elizabeth, NJ 07202

OFF-MARKET
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Property ID
US59-0998811
7,017 SF 0.3 ac Built 1880
Last sale Jun 2023·$800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This vacant apartment building is configured as a licensed rooming house with capacity for 35 rooms. The property occupies a 75 by 175 lot and includes rear parking. The site provides frontage/connection to two streets—South Broad Street and Liberty Street—offering access from either side. The building is being conveyed in its existing as-is condition.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$68k
Assessed land$23k
Assessed improvement$45k
Effective rate30.58%

Value estimate

· Nov 2026
$740k
$666k – $814k
AI approach$725k
Submarket $/SF estimate$917k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$237/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$131 – $341
Qualifying comparables27

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: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.3
Bike Shop8.4
Veterinary Clinic8.3

Location

225-229 Broad St, Unit 229 Elizabeth, NJ 07202-3403
County assessor Recorded deeds · 4 transfers 27 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
536 Bayway, Elizabeth, NJ 07202-2754 $930,000 Jul 2025 5,624 SF
940-944 Elmora, Elizabeth, NJ 07202-3122 $3,200,000 Mar 2024 5,600 SF
101 Elmora, Elizabeth, NJ 07202-1614 $975,000 Jan 2024 6,200 SF
423-425 Jersey, Elizabeth, NJ 07202-1700 $1,100,000 Dec 2023 5,519 SF
128 Elmora, Elizabeth, NJ 07202-1155 $3,915,000 May 2023 6,818 SF
89-93 Elmora, Elizabeth, NJ 07202-1631 $2,500,000 Mar 2023 6,188 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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