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Gated Waterfront Townhome Condos
For Sale
Contact for pricing
Pending

1-55 Harbor Front Plz, Elizabeth, NJ 07206

Development project for 24 gated waterfront townhome condos, with completion anticipated within seven months.

Property SizeContact for details
Days on Market122

Property Features for 1-55 Harbor Front Plz

General Information

Standard status Pending
Property subtype Multifamily, Land

Additional Details

Multifamily Units 24
Listing Agency: JSG Realty
Listed By: Joshua Garay · License #NY 31GA1178912
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 4:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JSG Realty

Investment Insights

Based on property information with market context.

This for-sale development project includes 24 new condo townhomes in a gated waterfront community. The planned units are stated as approximately 2,800 SF each, and the condos are anticipated to be completed within about seven months.

According to the seller, 10 of the units are already under contract, and the buyer can assume those contracts or purchase remaining units. The offering is described as being sold at a 15% discount from market price, with future units noted at higher pricing in the remarks.

The owner/developer also states that it may consider selling land now in exchange for a building contract, with closing taking place after C/O is delivered for all homes.

Key Highlights

  • Development of 24 gated waterfront townhome condos in ElizabethPort
  • Units are 2,800 SF each
  • Project completion anticipated within 7 months

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

758
Businesses Nearby

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development project for 24 gated waterfront townhome condos, with completion anticipated within seven months.
Where is this residential land & home lot located?
The property is located at 1-55 Harbor Front Plz Elizabeth, NJ.
What are key features of this property?
This property features: Development of 24 gated waterfront townhome condos in ElizabethPort; Units are 2,800 SF each; Project completion anticipated within 7 months
More about this property
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