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231 Broad St 10,994 SF Office Building Elizabeth, NJ 07201 $2,442,860 CAD ($222.20 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy Traffic
  • Opportunity Zone
  • Public Transportation

EXECUTIVE SUMMARY

Prime mixed-use property featuring two buildings front building 4 stories, rear building 3 stories ideally located across from NJ Transit train station with a NYC bus stop at the doorstep and minutes from major highways. Includes freight elevator, two AC units, and municipal parking lot in the rear. The 1st-floor retail unit is leased at $2,600/month, and the rear building is used as a driving school at $2,200/month; other units are vacant. The roof is 3 years old, plumbing is all PEX, the electric system was updated in 2015, and the gas heat is 10 years old. Ideal for professional, commercial, retail, storage, and many other uses.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
10,994 SF
Building Class
C
Year Built
1880
Price
$2,442,860 CAD
Price Per SF
$222.20 CAD
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
2,748 SF
Building FAR
3.15
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
C-5 - Commercial

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Boost Mobile
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Boost Mobile Retailer 99,999 SF - Lorem Ipsum -
Walk Score®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00009-0000-00090
Land Assessment
$375,206 CAD
Improvements Assessment
$775,360 CAD
Total Assessment
$1,150,567 CAD
  • Listing ID: 38143606

  • Date on Market: 2025-03-19

  • Last Updated:

  • Address: 231 Broad St, Elizabeth, NJ 07201

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