131 Court StElizabeth, NJ 07206-1851

For Sale
$599,000

0.12-Acre Lot, $599,000

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $599,000 asking price.
  • 0.12-acre lot.
  • Located at 131 Court St, Elizabeth, NJ 07206-1851.
  • Special purpose property, currently a vacant commercial building/former house of prayer.
  • Suitable for redevelopment into multifamily or condominium units.

Property Details for 131 Court St

Property type
Other specialty properties, Other land
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.650907
Longitude
-74.1853033
131 Court St, Elizabeth, New Jersey

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131 Court St
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