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1056-1060 Magnolia Ave
Elizabeth, NJ 07201
Land For Sale · 0.17 AC

INVESTMENT HIGHLIGHTS

  • Versatile C2 commercial-zoned lot is perfect for truck drivers or developers, with potential to subdivide
  • Multi-family homes or a mixed-use property permitted uses are available

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 0.17 AC
Zoning C2 - Commercial

DESCRIPTION

Ideal investment opportunity featuring 8,000 sq ft of paved parking currently leased at $3,000/month, and can be delivered vacant. This versatile C2 commercial-zoned lot is perfect for truck drivers or developers, with potential to subdivide and build two multifamily homes or a mixed-use property permitted uses are available online, and buyers are encouraged to conduct their own due diligence.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00012-0000-00863
Land Assessment
$436,800
Improvements Assessment
$1,900
Total Assessment
$438,700
  • Listing ID: 35459220

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 1056-1060 Magnolia Ave, Elizabeth, NJ 07201

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