560 Bayway Ave | Elizabeth, NJ 07202
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560 Bayway Ave
Elizabeth, NJ 07202
Bayway Avenue Mixed Use · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100%-occupied mixed-use asset with three retail units and four residential units minutes to Downtown Elizabeth.
- Situated at a busy signalized intersection, just a few blocks to the I-278/I-95 interchange and 3.5-miles to Newark Liberty International Airport.
- In-place cash flow with upside potential through lease-up and mark-to-market rent appreciation.
- Surrounded by national retailers including CVS, Dunkin', Dollar General, KFC, AutoZone, Walgreens, McDonald's, and more.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,600 SF
Building Class
C
Year Built
1915
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.03
Lot Size
0.12 AC
Zoning
C-5 - Commercial District
Parking
2 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
104’ on Bayway Ave
PROPERTY TAXES
| Parcel Number | 04-00004-0000-00126 | Improvements Assessment | $682,500 |
| Land Assessment | $350,000 | Total Assessment | $1,032,500 |
PROPERTY TAXES
Parcel Number
04-00004-0000-00126
Land Assessment
$350,000
Improvements Assessment
$682,500
Total Assessment
$1,032,500
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