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    553 Walnut 1 Elizabeth, NJ 07201

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    For Lease
    $2,000 /Mo

    First floor apartment near schools and transportation in Elizabeth, NJ.

    Lot size:
    0.22 Acres

    Property Features for 553 Walnut 1

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1910

    Source: AC GUERRA REAL ESTATE LLC Agent ARMANDO GUERRA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    First Floor Apartment Near Amenities

    This is a first-floor apartment located in the north Elizabeth section of Elizabeth City, NJ. The property is situated close to schools and mass transportation.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.179
    Latitude
    40.6709

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    FAQs

    What type of property is this?
    Apartment building - First floor apartment near schools and transportation in Elizabeth, NJ.
    Where is this apartment building located?
    The property is located at 553 Walnut 1 Elizabeth, NJ.
    What are key features of this property?
    This property features: - First floor apartment; - Close to schools; - Close to mass transportation
    (908) 603-6282
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    553 Walnut 1 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
    553 Walnut 1 Elizabeth, NJ 07201
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