Realmo Analytics

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Property profile

231 Jefferson Ave 237 Elizabeth, NJ 07201

OFF-MARKET
Other commercial real estate
Property ID
US59-1187481
1,250 SF 0.31 ac lot Built 1953
Last sale Jan 2024 · $270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial garage property is located on a high-visibility corner lot in Elizabeth and was configured for auto repair use. The building has 16-foot ceilings and one overhead door, and the interior floor area is approximately 1,250 square feet. An expansive on-site parking lot provides space for more than 20 vehicles. The exterior had updates, and the property benefits from convenient access to major highways, nearby shopping, public transportation, and Newark Liberty International Airport.

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?
$12k
Tax billed · 2022
Assessed value · 2023$39k
Assessed land$28k
Assessed improvement$11k
Effective rate30.58%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$225/SF
ZIP average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$148 – $330
Qualifying comparables17

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 agency12.2
Veterinary Clinic10.1
Watch Repair Shop9.1

Location

231 Jefferson Ave, Unit 237 Elizabeth, NJ 07201-2402
County assessor Recorded deeds · 4 transfers 17 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
708 Jersey, Elizabeth, NJ 07201-2968 $660,000 Jul 2025 2,182 SF
92 Nn E, Elizabeth, NJ 07201-2959 $4,500,000 Jun 2025 1,020 SF
606-608 Monroe, Elizabeth, NJ 07201-3608 $475,000 May 2025 2,040 SF
140 Jefferson, Elizabeth, NJ 07201-2418 $450,000 Apr 2025 2,246 SF
857 Elizabeth, Elizabeth, NJ 07201-2755 $625,000 Oct 2024 3,339 SF
903 Grand, Elizabeth, NJ 07201-2723 $500,000 May 2023 2,772 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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