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Property profile

531 Elizabeth Ave Elizabeth, NJ 07206

OFF-MARKET
Other commercial real estate
Property ID
US59-1091824
5,120 SF 0.06 ac lot Built 1900
Last sale Jul 2026 · $825,000
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.
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Property summary

AI-generated overview

This mixed-use building is located in Elizabeth, New Jersey, and includes three residential apartments plus a ground-floor storefront configured for retail or business use. The building is positioned on a primary street in the city.

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$37k
Assessed land$8k
Assessed improvement$29k
Effective rate32.57%

Value estimate

· Oct 2026
$640k
$576k – $704k
Submarket $/SF estimate$678k

Realmo valuation models over county records and 5 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 comparables5

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 agency23.4
Locksmith9.0
Catering Service8.6

Location

531 Elizabeth Ave Elizabeth, NJ 07206-1171
County assessor Recorded deeds · 3 transfers 5 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
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
209-211 3rd, Elizabeth, NJ 07206-1904 $368,000 Jan 2024 7,200 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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