Property

Elizabeth City, NJ 07201 1003 Monroe Avenue

1003 Monroe Avenue Elizabeth City, NJ - Image 11003 Monroe Avenue Elizabeth City, NJ - Image 21003 Monroe Avenue Elizabeth City, NJ - Image 3
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1003 Monroe Avenue Elizabeth City, NJ - Image 41003 Monroe Avenue Elizabeth City, NJ - Image 51003 Monroe Avenue Elizabeth City, NJ - Image 61003 Monroe Avenue Elizabeth City, NJ - Image 7
Presented By: AMERICA'S ELITE GROUP LLC.; 201-432-1600
  • MLS# 3981309
  • 08/14/2025
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  • Full/Half Baths • 0 / 1
  • SQFT • 550

Home Details

Seize the opportunity to own a thriving, well-established hair salon in a desirable neighborhood of Elizabeth, NJ located on a busy corner just 2 minutes from Route 1 and 5 minutes from Newark International Airport. This well-established salon has been in business for over 10 years and is well known in the community for its consistent service, loyal clientele, and excellent reputation. The seller is relocating closer to home, creating a great opportunity for a new owner to take over a profitable and turnkey operation in a well-populated area. The salon is modern, well maintained, and continually updated with quality salon equipment. It offers strong cash flow with potential for even greater revenue by adding more services and increasing marketing efforts. The 550 sq. ft. space is fully equipped with two private rooms for massages/waxing, three styling stations, and one hair wash station. A skilled and experienced staff is in place and may be willing to stay with the new owner, allowing for a smooth transition. Financials are available upon request.
Presented By: AMERICA'S ELITE GROUP LLC.; 201-432-1600

Interior Features for 1003 Monroe Avenue

Bathrooms

Half Baths1

Other Interior Features

Fuel TypeSee Remarks

General for 1003 Monroe Avenue

Business NameSolo Wax Center LLC
Business TypeProfessional Service
CoolingSee Remarks
CountyUnion
DirectionsUse Waze to get on Monroe Avenue
Documents AvailableFinancial Statements, Leases, Tax Returns
DriveOn-Street Parking
Existing Lease3-5 Years, Lease Transferable
GarageNone
Gross Income132747
HeatingSee Remarks
Leasable Area550
Leasehold Rent $/Mo1900
Net Operating Income102747
Operating Expense30000
OwnershipSee Remarks
PossessionAt Closing
ServicesCable TV
SewerSee Remarks
Standard StatusActive
StatusActive
Town #2904
TownshipElizabeth City
UtilitiesElectric, Gas-Natural

Exterior for 1003 Monroe Avenue

Building Area Total550
Road TypeCorner
Water SourceSee Remarks

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $42,000
MLS#3981309
List Date 08/14/2025
Property Type Business Op
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