Commercial Land
624 Spring Street Elizabeth, NJ 07201
Details & Description
Price: $1,400,000
    +/- 0.39-acre lot for commercial/residential redevelopment;Block 8, Lots 1569, 1570 and 1572Two curb cuts - one from US Highway 1 South and the other one from Spring Street;Zoned in HC - Highway Commercial which permits professional and business offices, neighborhood and local convenience uses, general and specialty retail, hotels, entertainment uses, major retail and community services, etc.Residential apartments are permitted on second and third floors;Approx. 69,104 vehicles per day traffic count at Spring St & Woodruff Lane NE (2022)Approx. 3 miles away from Newark International Airport.* Option for a ground lease
    Property Highlights
     +/- 0.39-acre lot for mixed-use redevelopment
     +/- 0.39-acre lot for mixed-use redevelopment
    Listing Agents
    Justyna Kuczaj

    O: 973-379-6644
    M: 610-533-1101
    jkuczaj@blauberg.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    624 Spring Street

    Elizabeth, NJ 07201

    Listing ID: 290876
    624 Spring Street Elizabeth, NJ 07201 | for Sale | Photo 1
    Building Size: --
    Lot Size: 0.390 AC
    Land Size: 16,988 SF
    Building $/SF:
    Land $/SF: $82.41
    Price
    $1,400,000
    Property Highlights
    +/- 0.39-acre lot for mixed-use redevelopment
    Description

    +/- 0.39-acre lot for commercial/residential redevelopment;

    Block 8, Lots 1569, 1570 and 1572

    Two curb cuts - one from US Highway 1 South and the other one from Spring Street;

    Zoned in HC - Highway Commercial which permits professional and business offices, neighborhood and local convenience uses, general and specialty retail, hotels, entertainment uses, major retail and community services, etc.

    Residential apartments are permitted on second and third floors;

    Approx. 69,104 vehicles per day traffic count at Spring St & Woodruff Lane NE (2022)

    Approx. 3 miles away from Newark International Airport.

    * Option for a ground lease

    Attachments & Files

    Traffic Counts

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Newark History of Commercial Land for Sale

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    Elizabeth Area Market Trends

    Listing Demographics for 624 Spring Street Elizabeth, NJ 07201

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population35,468204,157644,642
    Population Median Age363637
    Population by Age0-9 Yrs5221 (14%)27071 (13%)83959 (13%)
    10-19 Yrs4721 (13%)28379 (13%)83954 (13%)
    20-29 Yrs4921 (13%)30432 (14%)95300 (14%)
    30-39 Yrs5362 (15%)28548 (13%)91859 (14%)
    40-49 Yrs5515 (15%)28134 (13%)89868 (13%)
    50-59 Yrs4311 (12%)27091 (13%)83319 (12%)
    60-69 Yrs2980 (8%)18920 (9%)63720 (9%)
    70+ Yrs2437 (6%)15582 (7%)52663 (8%)
    Median HH Income$48,063$51,989$56,780
    Total Household Income< 24K2799 (22%)15424 (22%)51631 (22%)
    25-49K3552 (28%)17980 (26%)49514 (21%)
    50-74K2620 (21%)12336 (17%)40154 (17%)
    75-99K1276 (10%)8305 (12%)27087 (11%)
    100-199K1701 (13%)12144 (17%)47125 (20%)
    200K+306 (2%)2854 (4%)11740 (5%)
    Highest Education LevelNo Diploma53422841775432
    Diploma or GED838048466147707
    Some College46552643680619
    Assoc. Degree1195744026059
    Bachelors Degree30361658268936
    Higher Degree975697233563
    Total Housing Units13,44775,649250,217
    --Owner-Occupied2,46923,71891,230
    --Renter-Occupied9,78545,325136,021
    Owner-Occupied Values< 100K11511423965
    100-199K353365012395
    200-299K924823125956
    300-399K645754026391
    400-499K261194211648
    500K+172121410875
    Total Working Age Population27,266159,980509,319
    In Work Force18,886106,533333,435
    Not In Work Force8,38053,447175,884
    Workforce Employed17,58799,124307,406
    Workforce Unemployed1,2997,32725,720
    Civlian Workforce18,886106,451333,126
    Military Workforce082309
    Total Households12,25469,044227,251
    Family Households8,07446,940150,827
    Non-Family Households4,18122,10476,425
    Married Couple4,56525,95286,296
    Other Family3,50920,98764,530
    Married w/Child2,40711,71639,121
    Single Male w/Child6152,9056,912
    Single Female w/Child1,3038,37625,158

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Hudson County608,975+4634,266+12708,100+6747,400
    Essex County793,633-1783,969+3808,300+3829,800
    Union County522,541+3536,499+7573,000+6605,600
    Middlesex County750,162+8809,858+8873,400+7932,200
    New York18,976,457+219,378,102+420,146,131+220,604,030
    Richmond County443,728+6468,730+3481,351+1488,119

    Total Working Age Population:

    Total Households:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 624 Spring Street in Elizabeth?
    The asking price for 624 Spring Street is $1,400,000
    How much land does the Elizabeth, NJ property at 624 Spring Street include?
    624 Spring Street in Elizabeth includes 0.390 acres of land
    What kind of Land is the propery at 624 Spring Street?
    The property at 624 Spring Street Elizabeth, NJ 07201 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 624 Spring Street in Elizabeth?
    The population within 1 mile of 624 Spring Street Elizabeth, NJ 07201 is 35,468 people.
    Who do I contact for questions about 624 Spring Street?
    You should contact the listing agent, Justyna Kuczaj, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 2
    La Guardia Airport (LGA) 19
    John F Kennedy International Airport (JFK) 22