131 Court St Elizabeth, NJ 07206-1851
- Specialty properties
- 0.12 lot acres
Current Use by Public Records
- Puerto Rican Culture Heritage / Cultural Center
Property Details for 131 Court St
- Lot size
- 0.12 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 0.12-acre commercial lot, situated at 131 Court Street in Elizabeth, New Jersey, presents a compelling investment opportunity. Currently configured as a vacant commercial building, previously used as a house of prayer, the property offers significant redevelopment potential. The existing structure is a shell, providing a clean slate for adaptive reuse. Located in Union County, within the vibrant city of Elizabeth, NJ, zip code 07206-1851, this property benefits from a strategic location. Its proximity to various amenities and transportation options enhances its appeal. The site's zoning and potential uses should be independently verified. Given the current housing demand in Elizabeth, this property is ideally suited for conversion into multifamily dwellings, such as apartments or condominiums, or other commercial ventures. The asking price is $599,000. GPS coordinates are available for precise location identification. This is a rare chance to acquire a well-positioned commercial property in a thriving New Jersey market. Serious inquiries are encouraged to explore the possibilities this unique offering presents. The property is sold as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.1853
- Latitude
- 40.6509
