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620-622 Elizabeth Ave 11,608 SF 100% Leased Retail Building Elizabeth, NJ 07206 $4,436,375 CAD ($382.18 CAD/SF)



EXECUTIVE SUMMARY
Two retail spaces (currently leased as one unit) plus seven apartments: 3 one-bedroom and 4 two-bedroom units. Six apartments feature balconies; the first-floor unit does not. Central air in every unit, separately metered utilities, individual water/sewer, and a full basement with utility room. Owner financing available. Don’t miss this opportunity!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,608 SF
Building Class
B
Year Built
1900
Price
$4,436,375 CAD
Price Per SF
$382.18 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.32
Lot Size
0.11 AC
Zoning
comm - commercial
Parking
6 Spaces (0.52 Spaces per 1,000 SF Leased)
Frontage
46’ on Elizabeth Ave
AMENITIES
- Air Conditioning
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-00007-0000-00388 | Improvements Assessment | $3,317,583 CAD |
| Land Assessment | $481,467 CAD | Total Assessment | $3,799,050 CAD |
PROPERTY TAXES
Parcel Number
04-00007-0000-00388
Land Assessment
$481,467 CAD
Improvements Assessment
$3,317,583 CAD
Total Assessment
$3,799,050 CAD
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Presented by
Boraie Realty
620-622 Elizabeth Ave
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