600 Bond StElizabeth, NJ 07206

  • Retail properties
  • 3,013 SF
For Lease

Property Details for 600 Bond St

Year built
1954
Lot size
0.34 AC
Property size (Sq ft)
3,013 SF
Property type
Retail properties
Property subtype
Gas stations
APN
04 00629-0000-00013
APU
400629000000013

Description

This exceptional retail opportunity presents 3,013 square feet of vacant space at 600 Bond Street in Elizabeth, New Jersey. Located in Union County, this property offers a prime location for a variety of retail businesses. The building is a multi-tenant structure, providing ample space for expansion or multiple uses. The entire 3,013 square foot space is currently available for lease, presenting a unique chance to establish a significant presence in a thriving area. The property sits on a half-acre lot (0.5 acres) and includes convenient on-site parking with five spaces available for customers and employees. The property's classification is retail, specifically a convenience store subtype, suggesting its suitability for businesses catering to immediate consumer needs. The address is 600 Bond St, Elizabeth, NJ 07206. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's size and location make it a highly attractive proposition for entrepreneurs and established businesses alike. This is a rare opportunity to secure a substantial retail space in a desirable location. Contact us today to learn more about leasing this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $732,264
    6.5%
    $675,936
    7%
    $627,655
  • Comparable approach

    Method
    Valuation
    Relative Method
    $992,070
    Geo Method
    $992,070
  • Alternative Use

    Use
    Valuation
    Residential
    $570,177
    Hospitality
    $522,279
    Educational
    $434,530
    Medical
    $449,475
    Retail
    $675,936
600 Bond St, Elizabeth, New Jersey

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.6603
Longitude
-74.1926
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$21,711
$29,400
$41,600
$71,000
-
$29,400
$41,600
$71,000

FAQs

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