1038 ELIZABETH AVE ELIZABETH NJ 07201
INCOME PRODUCING BUSINESS, RENTAL, STATIC BILLBOARDS AND BUILDING FOR SALE
Marketing description
EXECUTIVE SUMMARY
Call Soldbyjazmine Team- Miguel Mejia, 908-838-6703 & Jazmine Clausen-Soir 732-646-3455.
An exceptional opportunity to acquire a high-visibility mixed-use commercial investment located along one of Elizabeth's busiest commercial corridors. This income-producing asset combines an operating automotive business, a residential apartment, and billboard advertising income (subject to verification of ownership or transferable advertising rights), creating diversified revenue streams in a prime urban location.
Positioned on a prominent corner with outstanding exposure, the property benefits from constant vehicle and pedestrian traffic. Elizabeth continues to be one of New Jersey's strongest commercial hubs, supported by the Port Newark–Elizabeth Marine Terminal, Newark Liberty International Airport, major highways, and the Urban Enterprise Zone program.
PROPERTY FEATURES
Commercial Space
- Established automotive repair facility
- Five automotive lifts
- Office
- Half bathroom
- Equipment negotiable
- Excellent street frontage
- High-visibility corner location
Residential Apartment
- Three-bedroom apartment
- One full bathroom
- Kitchen
- Living room
- Ideal for rental income or owner occupancy
Billboard Income
- Static billboard advertising income (confirm ownership, lease agreements, and transferability before marketing as guaranteed income)
MULTIPLE INCOME STREAMS
Potential revenue sources include:
- Commercial business operations
- Residential apartment rental
- Billboard advertising revenue (if transferable)
- Potential appreciation through long-term ownership
This diversified income profile helps reduce reliance on a single tenant or business operation.
LOCATION ADVANTAGES
Located on heavily traveled Elizabeth Avenue, the property offers excellent accessibility to:
- Newark Liberty International Airport
- NJ Turnpike
- Routes 1 & 9
- Goethals Bridge
- Port Newark–Elizabeth Marine Terminal
- NJ Transit
- Downtown Elizabeth business district
WHY INVESTORS WILL LIKE THIS PROPERTY
✔ Multiple income sources
✔ Mixed-use flexibility
✔ High-traffic location
✔ Corner exposure
✔ Established commercial use
✔ Residential rental component
✔ Potential billboard revenue
✔ Strong long-term investment corridor
✔ Approximately 2,800-square-foot building
✔ Built in 1920 with established commercial presence
IDEAL BUYERS
- Commercial investors
- Automotive operators
- Owner-users
- 1031 Exchange buyers
- Family office investors
- Value-add investors
- Advertising and media investors
Investment highlights
INCOME-PRODUCING BUSINESS, RENTAL, STATIC BILLBOARDS & COMMERCIAL BUILDING FOR SALE
1038 Elizabeth Avenue, Elizabeth, NJ 07201
An exceptional investment opportunity to acquire a fully operational, income-producing commercial property located on one of Elizabeth's busiest commercial corridors. This unique offering combines multiple revenue streams with outstanding visibility, making it ideal for investors, entrepreneurs, or owner-operators seeking strong long-term income potential.
The property features an established commercial business, a residential rental unit generating additional income, and static billboard advertising, creating diversified cash flow from a single asset. Positioned on a high-traffic corridor with excellent exposure, the property benefits from constant vehicle and pedestrian traffic in one of Union County's most active commercial markets.
The sale includes the commercial building and provides the opportunity to continue operating the existing business or reposition the property for future growth. Conveniently located near major highways, Newark Liberty International Airport, NJ Transit, and the Port of Newark/Elizabeth, this location offers exceptional accessibility for customers and tenants alike. Elizabeth is recognized as a major commercial and transportation hub, contributing to the property's long-term investment appeal.
Investment Highlights
- Income-producing commercial property
- Established operating business
- Residential rental income
- Static billboard advertising income
- High-visibility corner location
- Multiple revenue streams
- Excellent owner-user or investment opportunity
- Convenient access to major highways, ports, and public transportation
A rare opportunity to own a multi-income commercial asset in the heart of Elizabeth with immediate cash flow and significant upside potential. Call Soldbyjazmine Team- Miguel Mejia, 908-838-6703 & Jazmine Clausen-Soir 732-646-3455.
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