Listing Details

221 Broad St,Elizabeth City, NJ 07201-2303

  • February 2, 2026

Description

Prime redevelopment opportunity in the heart of Elizabeth! This 6-story, 18,000 sq ft building at 221-223 Broad St is delivered vacant and ready for transformation with approved plans for 12 residential units plus ground-floor commercial space and a full basement, offering ample space for a variety of uses. The property features both passenger and freight elevators and boasts immediate access to NYC trains, major bus lines, and nearby parking. Investors will appreciate the value-add potential and flexible layout, creating endless possibilities for modern residential units or thriving commercial spaces. With its prime location near transportation and local amenities, this property is ideal for those looking to unlock significant upside and bring their vision to life in one of Elizabeth?s most dynamic neighborhoods. Don?t miss this rare chance to shape the future of a centrally located building and maximize your investment. Schedule a tour today and explore the possibilities this exceptional property has to offer!

Details

Last Updated On: February 2nd, 2026 at 6:14 pm
Property ID:PT-26894794-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 3,000,000 $
Year Built:1960

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 38.58X92.75X110
Property Type: Mixed Use, Office/Retail
Lot Identifier: 10

Home Details

Location: Business District
Sale Includes: Building Only
Construction: Formed Concrete
Exterior Description: ConcBrd,Metal
Roof Description: Flat
Number of Stories: 6
Number of Units: 1
Number of Lavatories: 2
Available SqFt: 18000
Easement/Desc: Unknown
Basmnt/Desc: Yes - Unfinished
YB/Desc: 1960 - Approximate
Block Identifier: 294.01
County Number: 29
Town Number: 2904
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Survey
Ownership: Fee Simple
Tax ID For Property: 2904-00294-0001-00010-0000-
Tax Amount: $42,257.00
Tax Year: 2024
Tax Rate: 1.924%
Tax Rate Year: 2025
Land Assessment: $171,100.00
Building Assessment: $1,952,400.00
Total Assessment: $2,123,500.00

Utilities

Heat Source: Gas-Natural
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: C5

Statistics

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