439-441 3rd Ave
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439-441 3rd Ave
4,054 SF 100% Leased Industrial Building Elizabeth, NJ 07206 $999,999 ($247/SF) 10.80% Cap Rate
Executive Summary
Conveniently located in Elizabeth, NJ- this unique property features two separate buildings with private driveway, offering endless possibilities for business, storage, or workspace. Renovated in 2023, both buildings are equipped with central heating for year-round comfort. The front building, measuring 2,387 sq ft, is currently used as a garage and features 12-foot-high doors, making it ideal for automotive or workshop operations. The back building, spanning 1,672 sq ft, includes an office area and storage space, providing the perfect setup for administrative tasks, inventory management, or additional work needs. With its prime location, modern updates, and convenient features, this property is ready to meet a variety of needs. Schedule your showing today!
Property Facts
| Price | $999,999 | Lot Size | 0.22 AC |
| Price Per SF | $247 | Rentable Building Area | 4,054 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 10.80% | Year Built/Renovated | 1950/2023 |
| Property Type | Industrial | Parking Ratio | 1.23/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Price | $999,999 |
| Price Per SF | $247 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.80% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.22 AC |
| Rentable Building Area | 4,054 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2023 |
| Parking Ratio | 1.23/1,000 SF |
| Clear Ceiling Height | 14 FT |
| No. Drive In / Grade-Level Doors | 1 |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 04-00005-0000-01389 | Improvements Assessment | $361,800 |
| Land Assessment | $240,600 | Total Assessment | $602,400 |
PROPERTY TAXES
Parcel Number
04-00005-0000-01389
Land Assessment
$240,600
Improvements Assessment
$361,800
Total Assessment
$602,400
zoning
| Zoning Code | NAv |
| NAv |
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439-441 3rd Ave
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