1127-1129 Elizabeth Avenue, Elizabeth, NJ 07201

THE ASSET: The Property is improved by a two-story mixed-use building and contains four (4) total units comprised of two (2) commercial units and two (2) residential units. The residential unit mix offers one (1), 2-Bedroom/1-Bathroom unit and one (1), 3-Bedroom/1-Bathroom unit. The brick building offers 6,369 square feet on a 0.18-acre parcel of land and benefits from a gated and secure parking lot at the rear of the Property. The building is separately metered for electric, and gas fired heat and hot water. The commercial tenants pay for domestic water and sewer, and the landlord pays water and sewer for the residential tenants.

CONVENIENT LOCATION: The Property is well located along Elizabeth Avenue between US Route 9 and Broad Street, the area’s primary commercial and commuter corridors and enjoys convenient access to area highways, public transportation, schools and major employment areas. The Property is close to Elizabeth’s grocers and national and local retailers and restaurants, and is convenient to Trinitas Regional Medical Center (0.4 miles) , Elizabeth Train Station (0.5 miles) with service to Manhattan’s Penn Station, Newark Liberty International Airport (2.8 miles), Kean University (2 miles), and The Mills at Jersey Gardens (2.3 miles), New Jersey’s largest outlet mall with more than 200 stores.

TRANSIT ORIENTED LOCATION: 1127-1129: Elizabeth Avenue is 0.5 miles from Elizabeth Train Station with direct service to Manhattan’s Penn Station. The Property also offers convenient access to Interstates 95, 278, and 78, the Garden State Parkway, US Route 9 NJ Route 81 and 27. The Property is also within 150 feet of a municipal bus stop and is 2.8 miles from Newark Liberty International Airport.

ECONOMIC DRIVERS: The city's strategic location has facilitated its growth as an industrial hub. Its proximity to major transportation arteries, including ports, highways, and railways, has attracted businesses, and spurred economic development. Elizabeth's industrial sector encompasses a range of industries, including manufacturing, shipping, and warehousing. The Port of Elizabeth, situated along the Arthur Kill waterway, is one of the busiest ports on the East Coast, handling a significant portion of the region's cargo traffic.

NEWARK LIBERTY INTERNATIONAL AIRPORT: Located just 2.8-miles away, Newark Liberty International Airport is one of the busiest airports in the United States serving more than 47 million passengers in 2025. It has 3 runways and service to more than 185 destinations. The airport continues to drive the local economy around it, working in conjunction with local businesses, and employing more than 24,000 people.

STRONG DEMOGRAPHICS: Over 74,100 people live within 1-mile of the Property with an average household income of $85,613. An impressive 232,400 people live within 3-miles of the Property with an average household income of $105,940. Additionally, there are more than 72,700 employees within 3-miles of the Property.