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Listed price in listed location currency (USD).
$850,000

043

MLS® 4000462

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $14,857
Days Active 1
Approx. Age 1914
MLS® Number 4000462

Property Address: 515 Jackson Ave, Elizabeth, NJ, 07201-1503

Average square foot calculated using Size range provided by listing agent.

Description

Prime mixed-use opportunity on vibrant Elizabeth Avenue! This mixed-use building includes a popular, income-producing bar/lounge (commercial rent: $3, 700/month; business not included) and two rental units. The ground floor features a fully equipped bar/restaurant, ideal for continued commercial use or a variety of business operations. Above are two spacious 3-bedroom residential units generating steady income (Unit 1: $1, 300/month; Unit 2: $1, 400/month). Both residential tenants are month-to-month, offering the opportunity to increase rents; market rent for the second-floor unit, once renovated, is over $2, 000/month. The property also includes a full basement with ample storage or expansion potential. Located in a high-traffic business district near shops, public transportation, and major highways, this asset is ideal for investors or owner-occupants seeking strong returns. Don?T miss this rare chance to own a dynamic, income-producing building in one of Elizabeth?S busiest commercial corridors.
MLS® Number4000462
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1914
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 4, 2025List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
515 Jackson Ave, Elizabeth, NJ

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