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    160 Smith St Elizabeth, NJ 07201

    For Sale
    $430,000

    Vacant lot suitable for multifamily builds in Elizabeth, near NYC.

    Lot size:
    0.05 Acres

    Property Features for 160 Smith St

    General Information

    Lot size
    0.05 Acres

    Source: Keller Williams Realty Mid Town Direct Realty

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

    Overview

    Vacant Lot in Elizabeth, NJ

    This vacant lot, previously the site of a multifamily home, is located in a properly zoned neighborhood of Elizabeth, New Jersey. The surrounding area is experiencing growth, with new construction underway next door. This lot presents an investment opportunity for multifamily development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant 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
    -74.2017684
    Latitude
    40.6634201

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    FAQs

    What type of property is this?
    Land - Vacant lot suitable for multifamily builds in Elizabeth, near NYC.
    Where is this land located?
    The property is located at 160 Smith St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Perfect lot for multifamily builds.; - Zoned for multifamily use.; - Booming area of Elizabeth, near NYC.
    (908) 998-9797
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    160 Smith 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
    160 Smith St Elizabeth, NJ 07201
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