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Financial
Distress signals
Property profile

118 Elmora Ave Elizabeth, NJ 07202

OFF-MARKET
Office buildings
Property ID
US59-1779981
3,079 SF 0.1 ac lot Built 1950
Last sale Mar 2023 · $560,000
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.
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Property summary

AI-generated overview

This second-floor office suite is located in a building on a main street in Elizabeth, New Jersey, above a real estate office. The space is configured for professional services and is suitable for a range of office-based uses such as mortgage and insurance-related businesses, accounting and legal services, title and home inspection services, wire transfer and translation services, credit unions, banks, and similar professional operations. The interior layout is described as spacious and…

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.

Debts

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?
$16k
Tax billed · 2022
Assessed value · 2023$52k
Assessed land$20k
Assessed improvement$32k
Effective rate30.58%

Value estimate

· Oct 2026
$510k
$459k – $561k
AI approach$535k
Submarket $/SF estimate$372k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$191/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$121 – $246
Qualifying comparables5

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.6
Acupuncture9.1
Nursing Home9.1

Location

118 Elmora Ave Elizabeth, NJ 07202-1625
County assessor Recorded deeds · 2 transfers 5 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
108 Jersey, Elizabeth, NJ 07202-2013 $850,000 Sep 2024 3,628 SF
930-934 Elmora, Elizabeth, NJ 07202-3122 $1,500,000 Jan 2024 5,400 SF
233 Broad, Elizabeth, NJ 07202-3403 $540,000 Feb 2021 5,401 SF
214-216 Palmer, Elizabeth, NJ 07202-3918 $270,000 Mar 2020 4,104 SF
311 Rahway, Elizabeth, NJ 07202-1806 $360,000 Nov 2019 1,690 SF
728 Pearl, Elizabeth, NJ 07202-3448 $150,000 Jan 2019 2,261 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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