#25011743, Eyal Levy, Listing office: Keller Williams Park Views
$699,000 List price
113 Elizabeth Ave Newark City, NJ 07108
6 beds
3 full, 1 partial
0.06 acres
Multi-Family
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
Home typeMulti Family
HeatingNatural Gas
StatusActive
BasementYes
Lot size0.06 Acres
Year built1920
ParkingOn-Street Parking
MLS #3968168
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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Last updated on: 7/27/2025, 7:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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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. Most Newark City, NJ residents have annual incomes less than $<35k. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
69%
<35k
31%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
38%
Single, with Kids
9%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
35%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Burlington
Foot Locker
Where do the neighbors go to eat?
Jack In The Box
White Castle
Little Caesars
What do the neighbors drive?
Nissan
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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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.
The inventory of homes for sale in Newark City, NJ between May and June 2025 increased by 29.7%. The median list price of listings available in June 2025 was $499,000, while the average time on the real estate market was 90 days.
From Rocket Homes Real Estate and based on county public records data.