311-313 Magnolia Ave Elizabethport, NJ 07206
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 311-313 Magnolia Ave
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 311-313 Magnolia Avenue in Elizabethport, New Jersey, presents a unique investment opportunity. Priced at $899,000, the property offers significant potential for redevelopment or repurposing. While the exact square footage is currently unavailable, the lot size is listed as zero acres, suggesting a compact but potentially highly valuable urban site. The property's "Other" designation in property type indicates its versatility and adaptability to a range of commercial uses. Given its location in Elizabethport, NJ, the property benefits from access to established transportation networks and a potentially strong local market. This makes it an attractive prospect for entrepreneurs and investors seeking a foothold in a dynamic urban area. Further due diligence is recommended to fully assess the property's potential and to determine the optimal use for this strategically located commercial parcel. The absence of a specified square footage necessitates a site visit to accurately determine the buildable area and assess the property's overall dimensions. Interested parties are encouraged to conduct thorough research and inspections to fully understand the property's characteristics and potential before making an offer. This is a rare chance to acquire a commercial property in a prime location with considerable upside potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elizabethport
- County
- Union
- State
- New Jersey
- Longitude
- -74.1876
- Latitude
- 40.6546
