131 Court St
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131 Court St
10,000 SF 100% Leased Flex Building Elizabeth, NJ 07206 $599,000 ($60/SF)
Executive Summary
131 Court St.
Elizabeth, New Jersey
Contact Ingrig Suarez for more info 908-358-2056
Property Overview:
The property at 131 Court St. in Elizabeth, New Jersey, is a prime redevelopment opportunity. Currently zoned for church/hall use, this structure, now a shell, offers significant potential for rehabilitation or rezoning. Located in the heart of Elizabeth, this property can be transformed into multifamily rentals or condominiums, catering to the city’s growing demand for residential housing. Please note that the property is being sold strictly as-is. Cash offers
Key Highlights:
Location and Transportation:
The property’s location in Elizabeth offers exceptional access to transportation, a key factor in its redevelopment potential.
NJ Transit: The Elizabeth Station, a major hub, is just minutes away, providing convenient rail service to Newark, New York City, and other destinations on the Northeast Corridor line.
Highways: The property is near major highways, including the New Jersey Turnpike, Garden State Parkway, and Routes 1&9, making it highly accessible for commuters.
Airports: Newark Liberty International Airport is only a 10-minute drive away, offering global connectivity for future residents.
Public Transit: Local bus services provide easy access to nearby shopping, schools, and parks.
**BEING SOLD STRICTLY AS-IS ***
Elizabeth, New Jersey
Contact Ingrig Suarez for more info 908-358-2056
Property Overview:
The property at 131 Court St. in Elizabeth, New Jersey, is a prime redevelopment opportunity. Currently zoned for church/hall use, this structure, now a shell, offers significant potential for rehabilitation or rezoning. Located in the heart of Elizabeth, this property can be transformed into multifamily rentals or condominiums, catering to the city’s growing demand for residential housing. Please note that the property is being sold strictly as-is. Cash offers
Key Highlights:
Location and Transportation:
The property’s location in Elizabeth offers exceptional access to transportation, a key factor in its redevelopment potential.
NJ Transit: The Elizabeth Station, a major hub, is just minutes away, providing convenient rail service to Newark, New York City, and other destinations on the Northeast Corridor line.
Highways: The property is near major highways, including the New Jersey Turnpike, Garden State Parkway, and Routes 1&9, making it highly accessible for commuters.
Airports: Newark Liberty International Airport is only a 10-minute drive away, offering global connectivity for future residents.
Public Transit: Local bus services provide easy access to nearby shopping, schools, and parks.
**BEING SOLD STRICTLY AS-IS ***
Property Facts
Price | $599,000 | Lot Size | 0.11 AC |
Price Per SF | $60 | Rentable Building Area | 10,000 SF |
Sale Type | Investment | No. Stories | 2 |
Sale Conditions | Building in Shell Condition | Year Built/Renovated | 1959/2006 |
Property Type | Flex |
Price | $599,000 |
Price Per SF | $60 |
Sale Type | Investment |
Sale Conditions | Building in Shell Condition |
Property Type | Flex |
Lot Size | 0.11 AC |
Rentable Building Area | 10,000 SF |
No. Stories | 2 |
Year Built/Renovated | 1959/2006 |
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Walk Score®
Very Walkable (82)
PROPERTY TAXES
Parcel Number | 04-00001-0000-00087 | Improvements Assessment | $580,400 |
Land Assessment | $180,000 | Total Assessment | $760,400 |
PROPERTY TAXES
Parcel Number
04-00001-0000-00087
Land Assessment
$180,000
Improvements Assessment
$580,400
Total Assessment
$760,400
zoning
Zoning Code | Commercial (ZONED RA3) |
Commercial (ZONED RA3) |
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