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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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1038 Elizabeth Ave , Elizabeth City, NJ 07201
$1,200,000
Est. Payment: $6,180.03/mo
0 Bed
1 Bath
3488 Sqft
Status: Active | Days on site: 26
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Susan Maryanski
Operator

House 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.

Highlights

Listed by JAZMINE CLAUSEN-SOIR , MP BHGRE ELITE , 908-316-8530. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.06

Year Built

1928

County

Union

Neighborhood

Elizabeth Avenue

Listing ID

4045821

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:1
  • Full Bathrooms:
  • 1/2 Bathrooms:2
Air Cond:See Remarks
Fireplaces:
Floor:Concrete,Tile,Wood
Basement:Bilco-Style Door,Walkout
Water:Public Water

Exterior Features

Lot Dimensions:30X90
Garage Capacity:8
Zoning:C-4
Roof:Flat
Others:
  • Additional:Brick/Block
Sewer:Public Sewer
Parking Features:Additional Parking
Principal Interest
$6,180
Taxes
$976

Home Price

$1,200,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$240,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,180.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,180.03 $975.67 $0.00 $7,155.70
Yearly $74,160.35 $11,708.00 $0.00 $85,868.35
Total $2,224,810.63 $351,240.00 $0.00 $2,576,050.63

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Elizabeth City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-05T10:59:24.000Z

© 2026 Garden State MLS