Realmo Analytics
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Property summary
This classic, circa 1900, three-unit property presents a compelling investment opportunity in Elizabeth, NJ's vibrant Union Square business district. The building boasts a large street-level storefront currently operating as a convenience store under a month-to-month lease. This space includes a restroom, ample storage, and additional basement storage. Upstairs, two spacious, nearly identical four-bedroom, one-bathroom apartments offer significant rental upside. Each apartment features a… kitchen, formal dining room, living room, and four bedrooms. Substantial renovations, completed within the last seven years, include updated ceramic tile and laminate flooring throughout both units. Currently occupied by long-term tenants on month-to-month leases, these apartments are significantly below current market rents, presenting immediate potential for increased income. The property sits on a 0.06-acre lot and features separate gas and electric meters for efficient utility management. The property is being sold in "as-is" condition. This is an exceptional chance to acquire a well-located, income-producing asset with significant potential for future growth and value appreciation in a thriving urban area. The building's historical charm combined with its modern updates makes it an attractive investment for both seasoned and emerging real estate investors. The month-to-month leases offer flexibility and the potential for immediate rent increases. Don't miss this chance to own a piece of Elizabeth's rich history and vibrant future.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records and 49 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,472 SF
- Lot area
- 0.06 ac
- Year built
- 1900
- APN
- 04 00593-0000-00025
- Assessed value · 2023
- $39,600
- Annual tax · 2022
- $12,899
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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