$650,000

113 Elizabeth Ave, Newark City, NJ 07108

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
June 11, 2025 at 12:00AM
Listing Office:
BHHS FOX & ROACH : 973-744-5544
MLS ID:
3968168
  • General: Carbon Monoxide DetectorFire ExtinguisherSmoke DetectorWood Floors
  • Basement: Unfinished
  • A/C: None
  • Heating: 4+ UnitsGas-Natural

This listing courtesy of BHHS FOX & ROACH

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Miller Street Elementary School

, Newark, NJ, 07114

Grades PK-8

0.28 miles away

M

Miller Street Elementary School

, Newark, NJ, 07114

Grades PK-8

0.28 miles away

M

Malcom X Shabazz High School

80 Johnson Ave, Newark, NJ, 07108

Grades 9-12

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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