62 Elmora AveElizabeth, NJ 07202

  • Other commercial real estate
  • 1,495 SF
For Sale
$3,000 View listing

Property Details for 62 Elmora Ave

Year built
1923
Lot size
0.08 AC
Property size (Sq ft)
1,495 SF
Property type
Other commercial real estate
APN
04 00395-0000-00024
APU
400395000000024

Description

This exceptional commercial space, located at 62 Elmora Avenue, Unit 1, in Elizabeth, New Jersey, presents a unique opportunity for entrepreneurs. Situated on a busy street in the Elmora section of Elizabeth, this property boasts high visibility and significant foot traffic, making it ideal for a variety of businesses. The 0.08-acre lot provides ample space for potential outdoor activities or signage, further enhancing its appeal. The property is classified as General Commercial, offering flexibility for diverse business ventures. While the exact square footage is not currently specified, the location alone makes this a highly desirable property. The asking price is $3000, representing a potentially strong return on investment given the prime location and high traffic volume. This is a rare opportunity to establish a business in a thriving commercial area with excellent visibility and accessibility. Don't miss out on this chance to secure a prominent location for your entrepreneurial endeavors. Serious inquiries are encouraged to explore this exceptional property further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $282,912
    Hospitality
    $259,146
    Educational
    $215,607
    Medical
    $223,022
    Retail
    $335,388
62 Elmora Ave, Elizabeth, New Jersey

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.6588
Longitude
-74.2319
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
$11,161
$8,400
$28,100
$36,500
-
$8,400
$28,100
$36,500

FAQs

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