1205 Grand St, Unit 1027 Elizabeth, NJ 07201-2308
Property profile & analytics
1205 Grand St, Unit 1027 Elizabeth, NJ 07201-2308
- Office buildings
- 12,036 SF
Property ID
US59-2488658
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Mai Hair / Cosmetic Store / Big Box & Wholesale Store
- Western Union / Bank / Credit Union
Property Details for 1205 Grand St
- Property size
- 12,036 SF
- Property type
- Office buildings
- APN
- 04 00294- 01-00004
- APU
- 4002940100004
Description
This exceptional commercial unit, located at 1205 E Grand St, Elizabeth, NJ, is now available for lease at $3500 per month. The fully renovated space boasts a versatile layout ideal for a variety of businesses. The property features approximately 420 square feet of front store area, perfect for retail or client interaction, and an additional 200 square feet of back space, including a bathroom, suitable for an office or workshop. New flooring and freshly painted walls contribute to a modern and clean aesthetic. The unit also includes a central air conditioning and heating system, and a tankless water heater for efficient energy use. A full, clean, and dry basement provides substantial storage space. This prime location in Elizabeth offers excellent visibility and accessibility, with proximity to major transportation hubs such as the NJ Transit Elizabeth Station and easy access to Routes 1 & 9. The property's strategic location ensures high foot traffic and convenient access for customers. This space is well-suited for a boutique, salon, professional office, studio, or specialty retail shop. Don't miss this opportunity to secure a remarkable commercial space in a thriving Elizabeth neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,536,000
Market price range: $581k - $1.54M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,300,000 Current use
- COMMERCIAL (GENERAL)
- $2,715,000 Change: +18% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $2,085,000 Change: -9% Conversion: Difficult
- RESTAURANT
- $2,010,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.2143
- Latitude
- 40.6666
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,620
$258,500
$1,816,200
$2,074,700
-
$258,500
$1,816,200
$2,074,700
