Downtown Elizabeth Land Lot for Sale

/2
$950,000
- Land
- 0.30 Acre
- $3,166,667 per Acre
41 Morrell St, Elizabeth, NJ 07201

41-45 Vacant Land about 13,200 Sq. Ft plot of level land located at the Corner of East Jersey St and Morrell Street near the Center of Elizabeth and very Close to Newark Airport for building a multi-family dwelling with a plan for building 4 stories with parking below grade done by an architectural engineer, please note that plans and drawings have not been approved. Land is zoned Residential .

Paul Anyanwu GLOBAL REALTY RESOURCE

41 Morrell St, Elizabeth, NJ 07201

New Jersey Elizabeth Downtown Elizabeth

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Home Trends in Downtown Elizabeth, NJ

On average, homes in Downtown Elizabeth, Elizabeth sell after 54 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Elizabeth, Elizabeth over the last 12 months is $393,500, up 23% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$393,500

Median Single Family Sale Price

$519,500

Median Townhouse Sale Price

$330,000

Median 1 Bedroom Sale Price

$225,000

Average Price Per Sq Ft

$233

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.40

Median List Price

$397,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

23%

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