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113 Elizabeth Ave, Newark City, NJ 07108

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Listing Type
Commercial/Industrial
Listing Status
active
27
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$650,000

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Home Details for 113 Elizabeth Ave
Price
$650,000
Type
Commercial/Industrial
Year Build
1920
Lot Size
0.06
County
Essex
Tax
$6,872
MLS®️ Listing#
3968165
On exitrealty.com
124 days
Property Description
This 4-story mixed-use building offers incredible potential for investors and visionary buyers alike. Located on a high-visibility, high-traffic street just minutes from downtown Newark and major landmarks like the Prudential Center, NJPAC, and municipal buildings, the property presents a canvas ready for transformation. The building features three residential units above, each with two bedrooms and one full bath, plus a former barbershop on the ground floor perfect for a commercial storefront or office space. All units require upgrades and renovation, giving new ownership the chance to reimagine and reposition the property for today's market. Delivered completely vacant at closing, this property offers flexibility and the opportunity to achieve strong market rents after renovation. Whether you're looking to build a rental portfolio, operate your own business, or both this is the one to see. Rents noted are suggested amounts.
Property Features
Listing Courtesy: BHHS FOX & ROACH - 973-744-5544
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2025 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
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EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
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$650,000

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EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
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