Property

Newark City, NJ 07108 113 Elizabeth Ave

113 Elizabeth Ave Newark City, NJ - Image 1113 Elizabeth Ave Newark City, NJ - Image 2113 Elizabeth Ave Newark City, NJ - Image 3
22 more
113 Elizabeth Ave Newark City, NJ - Image 4113 Elizabeth Ave Newark City, NJ - Image 5113 Elizabeth Ave Newark City, NJ - Image 6113 Elizabeth Ave Newark City, NJ - Image 7113 Elizabeth Ave Newark City, NJ - Image 8113 Elizabeth Ave Newark City, NJ - Image 9113 Elizabeth Ave Newark City, NJ - Image 10113 Elizabeth Ave Newark City, NJ - Image 11113 Elizabeth Ave Newark City, NJ - Image 12113 Elizabeth Ave Newark City, NJ - Image 13113 Elizabeth Ave Newark City, NJ - Image 14113 Elizabeth Ave Newark City, NJ - Image 15113 Elizabeth Ave Newark City, NJ - Image 16113 Elizabeth Ave Newark City, NJ - Image 17113 Elizabeth Ave Newark City, NJ - Image 18113 Elizabeth Ave Newark City, NJ - Image 19113 Elizabeth Ave Newark City, NJ - Image 20113 Elizabeth Ave Newark City, NJ - Image 21113 Elizabeth Ave Newark City, NJ - Image 22113 Elizabeth Ave Newark City, NJ - Image 23113 Elizabeth Ave Newark City, NJ - Image 24113 Elizabeth Ave Newark City, NJ - Image 25113 Elizabeth Ave Newark City, NJ - Image 26
Presented By: BHHS FOX & ROACH; 201-463-0958
  • MLS# 3968165
  • 06/09/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 4
  • SQFT • 2,700

Home Details

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.
Presented By: BHHS FOX & ROACH; 201-463-0958

Interior Features for 113 Elizabeth Ave

Bathrooms

Half Baths4

Other Interior Features

Price Per Sq Ft259.00
Available Sq Ft2700
Num 3 Bdrm Units0
Num 2 Bdrm Units3
Num 1 Bdrm Units
FlooringTile, Wood
Fuel TypeGas-Natural
Total Stories4

General for 113 Elizabeth Ave

ConstructionBrick/Block
CoolingNo Cool
CountyEssex
DirectionsClinton or W Bigelow to Elizabeth between Earl and Alpine.
Documents AvailableNo Documents Available
DriveNone, On-Street Parking
EasementUnknown
Equipment AvailableSign - Building
Farm AssessmentNo
Garage Spaces
Gross Income82800
Heating3 Units
Leasable Area800
LocationBusiness District, Freestanding
Net Operating Income66300
Num Apts3
Number Of Units Total4
Operating Expense16500
OwnerPaysSewer, Trash Removal, Water
OwnershipFee Simple
Possessionat closing
Prior Usebarber and apts
Property TypeMixed Use, See Remarks, Store With Apartment
Property TypeMixedUse
RoofFlat
ServicesGarbage Included, Internet Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6872
Tax Assessed Value180700
Tax Lot26
Tax Year2024
Tenant PaysElectric, Gas, Heat
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Utilities Paid ByTenant
Year Built1920
Zoningcommercial

Exterior for 113 Elizabeth Ave

Building Area Total2700
Exterior DescriptionBrick/Block
Lot Dimensions27.7X100
Lot FeaturesOpen Lot, Wooded Lot
Lot Size Acres0.06
Max Ceiling Height9
Max Door Height32
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $699,000
MLS#3968165
List Date 06/09/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 113 Elizabeth Ave

Get Pre-approved