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    41 Morrell St Elizabeth, NJ 07201

    New
    Picture of Land at Morrell St 41, Elizabeth, NJ
    For Sale
    $950,000

    Lots and Land - Elizabeth City, NJ

    Lot size:
    0.30 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 9 at 4:06 am

    Property Features for 41 Morrell St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    Lot size
    0.30 Acres

    Building Details

    Architectural style
    Other

    Global realty resource corp. (973) 641-5700 [email protected]

    Listing agent PAUL ANYANWU (973) 641-5700

    Listing date Dec 3, 2025

    MLS# 3957501 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Elizabeth City

    This is a 0.3-acre plot of level land located at the corner of East Jersey St and Morrell Street near the center of Elizabeth City. The land is zoned residential and suitable for building a multi-family dwelling. It is located very close to Newark Airport. This property may be of interest to builders or investors looking to own a piece of the Elizabeth development project. The sale is "as is".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Star Insurance Agency Auto Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.20978
    Latitude
    40.66304

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    FAQs

    What type of property is this?
    Land - Vacant land suitable for multi-family dwelling near Newark Airport.
    Where is this land located?
    The property is located at 41 Morrell St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Large 13,200 Sq. Ft. Level Land Plot; - Zoned Residential for Multi-Family Dwelling; - Prime Location: Corner of East Jersey St and Morrell Street
    (973) 641-5700
    Request Owner's contact information
    41 Morrell St Elizabeth, NJ 07201
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    Elizabeth, NJ 07201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41 Morrell St Elizabeth, NJ 07201
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