113 Elizabeth Ave | Newark City

$699,000 | 6 Beds (3 Full, 1 Half)

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. GSMLS 3968168

Directions to property: Clinton Ave or W Runyon to Elizabeth

MLS Listing ID: 
GSMLS 3968168
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Architectural Style: 
Fourplex
Year Built: 
1920
New Construction: 
0
Basement: 
Unfinished
Interior: 
Rec Room, Storage
Construction
Roof: 
Asphalt Shingle
Exterior: 
Brick
Exterior Features: 
Metal Fence
DisabilityFeatures: 
No
Energy Information: 
Gas-Natural
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
17
Total Bedrooms: 
6
Total Bathrooms: 
0
Total Full-Bathrooms: 
3
Total Half-Bathrooms: 
1
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units
Heating System Fuel: 
Gas-Natural
Water Heating System: 
Gas
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking
Parking Type: 
On-Street Parking
Total Parking Spaces: 
0
Pool: 
No
Fence: 
No
Public Record
Parcel Number: 
1614-02672-0000-00026-0000-
Lot Number: 
26
Annual Tax: 
$6,872.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/9/2025
Contract Details
Details about the listing contract.
Inclusions: 
Carbon Monoxide Detector, Smoke Detector
Possession: 
At closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
BHHS FOX & ROACH