#25011743, Eyal Levy, Listing office: Keller Williams Park Views
113 Elizabeth Ave Newark City, NJ 07108
Property details
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.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Basement: Yes
- Interior: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
- Total Bedroom Count: 6
- Parking: On-Street Parking
- Exterior: Metal Fence
- Architectural Style: Fourplex, See Remarks
- Heating: Natural Gas
- Cooling: None
- List Price: $699,000
- Directions: Clinton Ave or W Runyon to Elizabeth
- Year Built: 1920
- Lot Size: 0.06 Acres
- MLS Number: 3968168
- Office Name: BHHS FOX & ROACH
- Office Phone: (201) 463-0958
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Price information
Property sales
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Nearby schools
4
Newark Educators Community Charter School
Public Charter PK-4
1.1 mi
•9-11 Hill St
2
Harriet Tubman Elementary School
Public District PK-6
1.2 mi
•504 S 10th St
1
East Ward Elementary School
Public District PK-3
1.2 mi
•104 Oliver St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,621. The most common annual income of people living in Newark City, NJ is less than $<35k. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 113 Elizabeth Ave
The listing price of 113 Elizabeth Ave property is $699,000.
The property 113 Elizabeth Ave is a multi located in Newark City, New Jersey, 07108.
Active Listing: 113 Elizabeth Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 113 Elizabeth Ave are: Newark Educators Community Charter School (GreatSchools Rating 4/10), Harriet Tubman Elementary School (GreatSchools Rating 2/10), East Ward Elementary School (GreatSchools Rating 1/10), Louise Spencer Elementary School (GreatSchools Rating 5/10), Belmont Runyon Elementary School (GreatSchools Rating 1/10), Link Community Charter School (GreatSchools Rating 6/10), Malcom X Shabazz High School (GreatSchools Rating 2/10), Central High School (GreatSchools Rating 1/10), American History High School (GreatSchools Rating 1/10).
The year of construction for 113 Elizabeth Ave is 1920.
This home is located at 113 Elizabeth Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $699,000.
In June 2025 in Newark City, NJ there were 29.7% more homes for sale than in May. While the average time on the market in June 2025 was 90 days, the median list price was $499,000.