113 Elizabeth Ave, Newark City, NJ

$650,000

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6

Beds

4

Baths

0.06

Acres

About 113 Elizabeth Ave

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.

Features of 113 Elizabeth Ave

MLS® # 3968168
Price $650,000
Bedrooms 6
Bathrooms 4.00
Full Baths 3
Half Baths 1
Acres 0.06
Year Built 1920
Type Multi Family
Style Fourplex, See Remarks
Status Active

Community Information

Address 113 Elizabeth Ave
City Newark City
County Essex
State NJ
Zip Code 07108-4802

Amenities

Utilities Gas-Natural
Parking On-Street Parking
Has Pool No

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick
Exterior Features Metal Fence
Roof Asphalt Shingle

Additional Information

Date Listed June 9th, 2025
Days on Market 245

Listing Details

OfficeBHHS FOX & ROACH
Contact Info201-463-0958

Listing Map

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