Listing Details

113 Elizabeth Ave,Newark City, NJ 07108-4802

  • January 6, 2026

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.

Details

Last Updated On: January 6th, 2026 at 4:12 pm
Property ID:PT-23552932-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 650,000 $
Year Built:1920

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 27.7X100
Lot Description: Open Lot, Wooded Lot
Office SqFt: 800
Property Type: Mixed Use, Store With Apartment
Lot Identifier: 26

Home Details

Location: Business District, Freestanding
Acreage: 0.06
Sale Includes: Building & Land
Construction: Brick/Block
Exterior Description: Brick/Block
Roof Description: Flat
Number of Stories: 4
Number of Units: 4
Number of Lavatories: 4
Max Ceiling Height: 9
Max Door Height: 32
Floors: Tile, Wood
Available SqFt: 2700
Building SqFt: 2700
Parking Desc: None, On-Street Parking
Easement/Desc: Unknown
Tenant Pays: Electric, Gas, Heat
Owner Pays: Sewer, Trash Removal, Water
YB/Desc: 1920 - Approximate
Block Identifier: 2672
County Number: 16
Town Number: 1614
Possession: at closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Ownership: Fee Simple
Tax ID For Property: 1614-02672-0000-00026-0000-
Tax Amount: $6,872.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $55,000.00
Building Assessment: $125,700.00
Total Assessment: $180,700.00

Utilities

Equipment Available: Sign - Building
Heat Source: Gas-Natural
Heat System: 3 Units
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural
Services: Garbage Included, Internet Available

Other

Zoning: commercial
Prior Use: barber and apts

Statistics

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