Property profile

2 1st St Elizabeth, NJ 07206

OFF-MARKET
Bars & Pubs
Property ID
US59-2773524
3,933 SF 0.03 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2 1ST ST in Elizabethport, NJ, presents a compelling investment opportunity. Boasting a generous 3,933 square feet of space, this general commercial building sits on a conveniently sized 0.03-acre lot. The property's strategic location in Elizabethport offers excellent accessibility and visibility, making it suitable for a wide range of commercial ventures. The asking price of $2700 suggests significant potential for return on investment. The building's substantial square footage allows for versatile configurations to accommodate diverse business needs. Whether you envision a retail space, office complex, or light industrial operation, this property's adaptability makes it a highly attractive prospect. Its prime location within Elizabethport ensures easy access to transportation routes and a thriving local market. The compact lot size offers efficient use of land, minimizing maintenance and overhead costs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property and its promising investment prospects. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to acquire a valuable asset in a dynamic and growing area.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Total area 3,933 SF
Lot 0.03 ac (1,350 SF)
APN 04 00784-0000-00027
UPID US59-2773524

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

2 1st St Elizabeth, NJ 07206-1627
Elizabeth metro Census 30500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2024
3 recorded transactions
2025
Price N/A
2024
Price N/A
2015
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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