113 Elizabeth Ave, Newark City, NJ 07108

Local realty services provided by:ERA Suburb Realty Agency
113 Elizabeth Ave,Newark City, NJ 07108
$650,000
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
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:66 day(s) ago
  • Updated:August 13, 2025 at 02:15 PM

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)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025