113 Elizabeth Ave, Newark, NJ 07108
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
113 Elizabeth Ave,Newark City, NJ 07108
$650,000
- - Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:michele chiles-hickman
Office:bhhs fox & roach
MLS#:3968168
Source:NJ_GSMLS
Price summary
- Price:$650,000
About this home
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.
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Home facts
- Year built:1920
- Listing ID #:3968168
- Added:108 day(s) ago
- Updated:September 13, 2025 at 08:41 AM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Half bathrooms:1
Heating and cooling
- Heating:4+ Units
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1920
- Lot area:0.06 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$6,872 (2024)
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