Property profile

60-62 4th St 62 Elizabeth, NJ 07206

OFF-MARKET
Commercial real estate
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Property ID
US59-2208212
26,910 SF 0.11 ac Built 1910
Last sale Nov 2015·$200,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional mixed-use property, located at 60-62 4th Street in Elizabeth, New Jersey, presents a lucrative investment opportunity. Situated on a 5,000 square foot lot (50ft x 100ft), this two-story, 1910-built building boasts a prime corner location at the intersection of Franklin Street and 4th Street, offering excellent visibility and accessibility. Currently generating an estimated $9,100 in monthly income, the property comprises a ground floor nail salon ($2,800/month), a juice bar…

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?
$15k
Tax billed · 2022
Assessed value · 2023$49k
Assessed land$14k
Assessed improvement$35k
Effective rate30.58%

Value estimate

· Nov 2026
$675k
$608k – $743k
Submarket $/SF estimate$3.56M

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 agency21.1
Dental Office12.3
Law Firm11.9

Location

60-62 4th St, Unit 62 Elizabeth, NJ 07206-1247
County assessor Recorded deeds · 5 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
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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