For Sale
$2,000,000

320-326 Elizabeth Ave Elizabeth, NJ 07206

Prime 0.27-acre commercial lot in Elizabeth, NJ.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 0.27-acre commercial land parcel, located at 320-326 Elizabeth Avenue in Elizabeth, Union County, New Jersey (zip code 07206), presents a unique investment opportunity. The property is zoned C2, offering considerable flexibility for development. Previous approvals exist for the construction of a ±4,000 square foot building, streamlining the permitting process for prospective buyers or lessees. The asking price for this vacant lot is $2,000,000. Situated at 40.6509109 latitude and -74.1950884 longitude, this location benefits from excellent accessibility and visibility. Importantly, the property is not located within a flood zone, mitigating potential risks associated with natural disasters. Annual property taxes are $8,863. This property is available for both sale and lease, providing options to suit diverse investment strategies. Serious inquiries are encouraged to explore the potential of this strategically located commercial land. The property's size and zoning make it ideal for a variety of commercial uses.

Highlights

  • Property taxes: $8,863 annually.
  • C2 zoning.
  • Previously approved for ±4,000 SF building.
  • Not located in a flood zone.
  • Available for sale or lease.

Property Details for 320-326 Elizabeth Ave

Property type
Land
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.6509109
Longitude
-74.1950884

FAQs

What type of property is this?
Land - Prime 0.27-acre commercial lot in Elizabeth, NJ.
Where is the land located?
The property is located at 320-326 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Property taxes: $8,863 annually.; C2 zoning.; Previously approved for ±4,000 SF building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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320-326 Elizabeth Ave
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