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Financial
Distress signals
Property profile

173 3Rd St Elizabeth, NJ 07206

FOR SALE
Other commercial real estate
Property ID
US59-2845167
5,000 SF 0.11 ac lot Built 1924
Last sale Oct 2015 · $180,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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173 3Rd St, Elizabeth, NJ 07206 For Sale
$875,000 5,000 SF
173 3Rd St, Elizabeth, NJ 07206
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Property summary

AI-generated overview

173–175 Third St is a renovated brick mixed-use building built in 1924, situated on a 0.12-acre lot. It includes approximately 2,300 sq ft of commercial space on the first floor, with a floorplan configured to support a range of commercial uses, and a basement level. The second floor contains two fully renovated residential units, each with three bedrooms, modern eat-in kitchens, new flooring throughout, and new bathrooms. The building is equipped with central air and central heat for…

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?
$11k
Tax billed · 2022
Assessed value · 2023$35k
Assessed land$10k
Assessed improvement$25k
Effective rate30.58%

Value estimate

· Oct 2026
$620k
$558k – $682k
Submarket $/SF estimate$662k

Realmo valuation models over county records and 8 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 comparables8

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 agency19.0
Law Firm12.2
Garden Center9.5

Location

173 3Rd St Elizabeth, NJ 07206
County assessor Recorded deeds · 5 transfers 8 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
178-180 3rd, Elizabeth, NJ 07206-1929 $550,000 Oct 2025 6,447 SF
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
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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