$1,200,000
( )
 $6,442 est/mo Sourced by Back At You

1038 Elizabeth Ave,Elizabeth City, NJ 07201

Elizabeth City, NJ 07201

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Description

Rare opportunity to acquire an income-producing mixed-use commercial property, established automotive business, residential rental, and static billboard advertising at 1038 Elizabeth Avenue in Elizabeth, NJ. Positioned on a highly visible corner along a busy commercial corridor, this unique offering provides multiple potential revenue streams within one asset. The ground-floor automotive facility is equipped with five vehicle lifts, service/work areas, office space, and a half bath, offering an excellent opportunity for an owner-operator or investor. The upper level features a spacious 3-bedroom residential apartment with a full bath, kitchen, and living area, providing additional rental income. Static billboard advertising adds another potential source of revenue while capitalizing on the property's strong street exposure and visibility. Approximately 2,800 SF, this mixed-use asset offers flexibility for continued operations, investment, or owner occupancy. Conveniently located near major highways, Newark Liberty International Airport, Port Newark-Elizabeth, shopping, transportation, and surrounding businesses. A unique opportunity to own the real estate while benefiting from commercial, residential, and advertising income potential. Buyer to verify all uses, income, zoning, billboard rights/permits, and property information.

Details

MLS #4045821
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site47
Listing Provided ByBHGRE ELITE | JAZMINE CLAUSEN-SOIR

Features

Garage8
BasementY
Story(s)2
Units2
ZoningC-4

Taxes

Property11708

Area Information

StateNJ
CountyUnion
CityElizabeth City
Zip Code07201
AreaUnion
Community NameElizabeth Avenue
Listing VS Median (in Elizabeth Avenue)
Price:
$1,200,000
low | high
Med:
$145,000
100% of Average
On site:
47
low | high
Med:
180
26.111111111111% of Average
Sourced by Back At You

Market Activity 07201

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Learn More About This Property

StateNJ
CountyUnion
CityElizabeth City
Zip Code07201
AreaUnion
Community NameElizabeth Avenue
Listing VS Median (in Elizabeth Avenue)
Price:
$1,200,000
low | high
Med:
$145,000
100% of Average
On site:
47
low | high
Med:
180
26.111111111111% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $900K - $1.5M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
1029 Elizabeth Ave Property Photo 1
$1,099,000
1029 Elizabeth Ave
Elizabeth City, NJ 07201
31 Prospect St Property Photo 1
$575,000
31 Prospect St
Elizabeth City, NJ 07201
9 Morrell St Property Photo 1
$699,000
9 Morrell St
Elizabeth City, NJ 07201
Listing Updated: September 20, 2026 at 6:44:00 AM PDT