Property profile

308 1st St 312 Elizabeth, NJ 07206

OFF-MARKET
Commercial real estate
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Property ID
US59-1566109
4,312 SF 0.17 ac
Last sale Sep 2026·$475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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 · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$350k
Assessed land$163k
Assessed improvement$187k
Effective rate2.49%

Value estimate

· Nov 2026
$305k
$275k – $336k
CAP approach$915k
Submarket $/SF estimate$1.14M

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 agency38.7
Dental Office27.4
Law Firm24.9

Location

308 1st St, Unit 312 Elizabeth, NJ 07206-2003
County assessor Recorded deeds · 2 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
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
212 2nd, Elizabeth, NJ 07206-1901 $200,000 Feb 2024 3,480 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
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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