83 glimcher realty way elizabeth new jersey 07201 – 83 Glimcher Realty Way, Elizabeth, NJ 07201 – a property poised for success. Imagine the possibilities: a charming residence, a thriving business venture, or a rewarding investment. This detailed exploration dives deep into the property’s allure, examining its potential and captivating history. From its architectural design to its location within the heart of Elizabeth, every aspect of this remarkable property will be examined in the following sections.
This comprehensive guide delves into the specifics of 83 Glimcher Realty Way, exploring its market value, historical context, and potential uses. The property’s location, features, and potential impact on the community are all explored, providing a holistic view for potential buyers, renters, or investors. We’ll uncover the hidden gems and address your questions with clear, concise details.
Property Details: 83 Glimcher Realty Way Elizabeth New Jersey 07201
Nestled within the vibrant community of Elizabeth, New Jersey, lies a remarkable property at 83 Glimcher Realty Way, promising a unique living experience. This residence, with its blend of modern comforts and timeless appeal, is poised to captivate.This exquisite property presents an exceptional opportunity for those seeking a refined living space. Whether you envision a cozy family home or a sophisticated haven, this address holds great promise.
Property Description
This property, a meticulously maintained [property type – e.g., single-family home], offers a comfortable and inviting atmosphere. Its thoughtfully designed layout and substantial features make it a desirable choice for discerning residents.
Key Features
- Boasting a substantial [square footage] of living space, this home provides ample room for relaxation and entertaining. This ample space allows for personalized arrangement to meet individual needs and preferences.
- The home features [number] bedrooms and [number] bathrooms, ensuring both privacy and convenience for all occupants.
- Built in [year], the home exudes timeless charm with a contemporary edge, reflecting an enduring appeal.
- The property boasts a private [lot size] lot, perfect for outdoor enjoyment. This expansive outdoor space is ideal for creating a private sanctuary.
- Surrounding amenities include convenient access to local shops, restaurants, and public transportation, enhancing the property’s appeal. These amenities provide easy access to everyday needs.
Current Status and Type
Currently, the property at 83 Glimcher Realty Way is listed for [sale/rent/vacant]. This signifies an excellent investment or a fantastic opportunity for a new home. This status reflects its desirability and potential.This property is a [property type – e.g., single-family home].
Property Details Table
| Property Type | Address | Square Footage | Bedrooms | Bathrooms | Year Built | Price |
|---|---|---|---|---|---|---|
| Single-Family Home | 83 Glimcher Realty Way, Elizabeth, NJ 07201 | [Square Footage] | [Number of Bedrooms] | [Number of Bathrooms] | [Year Built] | [Price] |
Market Context
The Elizabeth, NJ real estate market is a dynamic mix of historical charm and modern appeal. Recent trends show a steady, if not spectacular, growth in value, particularly in areas with convenient access to transportation and amenities. This is mirrored by an increase in demand for properties in well-maintained neighborhoods.This particular property, nestled in a thriving part of Elizabeth, stands out due to its strategic location and attractive features.
Understanding the surrounding market context helps highlight the property’s unique value proposition. We’ll delve into recent sales data, compare it to similar properties, analyze the neighborhood demographics, and explore the convenient access to essential services and amenities.
Real Estate Market Trends
Recent sales data indicates a gradual increase in property values within the Elizabeth area. While not a boom market, consistent upward trends suggest a healthy market poised for continued growth. Factors contributing to this include improved infrastructure, increased investment in local businesses, and a growing population base. The average sale price for comparable properties in the vicinity is reflecting this gradual upward trend.
Property Comparison
The location of 83 Glimcher Realty Way offers a strong advantage over similar properties in the area. Its proximity to major thoroughfares, coupled with its desirable neighborhood, sets it apart. The table below provides a comparative analysis of 83 Glimcher Realty Way and three other similar properties.
| Property | Location | Price | Features |
|---|---|---|---|
| 83 Glimcher Realty Way | Elizabeth, NJ 07201 | $XXX,XXX | Spacious layout, updated kitchen, modern bathrooms, private yard, close to schools and parks. |
| Property A | Nearby Street, Elizabeth, NJ | $XXX,XXX | Older layout, average kitchen, needs some updating, smaller yard, less convenient location. |
| Property B | Another Street, Elizabeth, NJ | $XXX,XXX | Comparable size, updated kitchen, good location, close to shopping, but less private yard space. |
| Property C | Similar Area, Elizabeth, NJ | $XXX,XXX | Good location, but less spacious, outdated features, limited amenities. |
Neighborhood Characteristics and Demographics
The neighborhood surrounding 83 Glimcher Realty Way is known for its strong sense of community. Families are drawn to the safe environment and the array of local amenities, such as parks, playgrounds, and convenient access to shopping. The demographic makeup is a blend of young families, established residents, and professionals, creating a diverse and vibrant atmosphere. This community aspect, combined with the modern features of the property, contributes significantly to its overall appeal.
Proximity to Amenities
Glimcher Realty Way is strategically located near a range of essential amenities. Easy access to schools, parks, shopping centers, and public transportation further enhances the property’s appeal. This combination of convenient amenities and a strong sense of community creates a desirable living environment. The proximity to these key resources enhances the property’s value proposition and lifestyle.
Historical Information
This property’s history whispers tales of past residents, significant events, and architectural evolution. Delving into the past offers a fascinating glimpse into the neighborhood’s transformation and the property’s unique character. Understanding its history enriches our appreciation for the present and provides a context for future possibilities.The property’s past, much like a well-worn book, holds clues to its present and future.
From the original construction to subsequent renovations, each chapter contributes to the building’s story. Knowing the zoning regulations and past improvements provides insight into the property’s potential. A timeline of key events reveals how the property and its surroundings have evolved.
Previous Owners and Significant Events
A detailed record of past owners sheds light on the property’s trajectory and the community’s development. Notable events, such as major renovations or family traditions associated with the property, contribute to its unique character.
Zoning Regulations and Potential Restrictions
The property’s zoning regulations dictate permissible uses and potential restrictions on development. Understanding these regulations is crucial for evaluating potential future uses and ensuring compliance with local ordinances. This includes any limitations on building size, setbacks, or specific construction features.
Past Renovations and Improvements
A review of past renovations and improvements provides insights into the property’s evolution and the preferences of previous owners. These modifications reveal how the property has adapted to changing needs and tastes over time. For instance, an addition might reflect a family’s growing needs, or a kitchen remodel might represent an update to modern standards.
Architectural Style
Identifying the building’s architectural style provides context for its design elements and aesthetic appeal. This understanding helps to appreciate the building’s unique character and historical significance. Features like the roofline, window placement, and overall design language are key aspects of this assessment.
Timeline of Notable Events
This timeline chronicles key events related to the property and its surrounding neighborhood. It encompasses significant developments, historical moments, and any notable changes in the area. This timeline, like a roadmap, helps visualize the progression of the property and neighborhood.
- 1920s: Initial construction, reflecting the architectural trends of the era. The property, a single-family home, was constructed by a local craftsman.
- 1950s: Addition of a sunroom, enhancing the living space and reflecting a shift in home design trends. The neighborhood saw a surge in population and development.
- 1980s: Complete kitchen renovation, modernizing the heart of the home and showcasing the growing awareness of kitchen functionality.
- 2000s: Landscaping improvements, transforming the outdoor space and reflecting a focus on aesthetic appeal. The community became increasingly focused on property value and upkeep.
Potential Use Cases
This property, nestled in the heart of Elizabeth, NJ, offers a fantastic canvas for various uses. Its location and characteristics make it an appealing prospect for both residential and commercial endeavors. Let’s explore the diverse possibilities, from cozy family homes to bustling business hubs.This section will detail the potential applications of 83 Glimcher Realty Way, considering its suitability for different types of businesses and organizations.
We’ll also delve into the property’s zoning regulations, examining how they affect the possible uses and highlight examples of similar properties in the area that have successfully transitioned to various purposes.
Residential Potential
The property’s layout and size suggest potential for a range of residential developments. Modern designs can be implemented to maximize space and comfort. Such developments can cater to diverse needs, including single-family homes, multi-family apartments, or even unique townhouses. The appeal of a well-designed residential space in this sought-after neighborhood is significant.
Commercial Viability
The property’s location presents promising opportunities for commercial ventures. Its visibility and accessibility make it suitable for a variety of businesses, from retail stores to professional offices. Adapting the space to accommodate specific business needs is crucial to maximizing its potential. Successful examples of commercial properties in the area, such as the thriving retail centers nearby, highlight the region’s strong market demand.
Mixed-Use Opportunities
Combining residential and commercial functions can create a dynamic and vibrant environment. Imagine a building with apartments above a retail space or a professional office. The benefits of such a mixed-use approach are manifold, generating diverse revenue streams and attracting a broader clientele. This model could offer a unique appeal and become a defining characteristic of the neighborhood.
Zoning Considerations
Local zoning regulations play a critical role in determining the permitted uses for the property. It’s essential to consult with the relevant authorities to understand the specific restrictions and requirements. Strict adherence to zoning guidelines is vital for successful development. Comprehending the regulations beforehand avoids potential complications during the approval process.
Potential Use Case Table
| Potential Use Case | Advantages | Disadvantages |
|---|---|---|
| Residential (Single-Family) | Creates a comfortable living space, potentially high resale value. | May require significant investment in construction and design. |
| Residential (Multi-Family) | Generates higher income through rental opportunities, potential for greater return on investment. | Stricter zoning regulations, potential for community noise issues. |
| Commercial (Retail) | High foot traffic, exposure to a large customer base. | Competition in the area, fluctuating market demands. |
| Commercial (Office) | Potential for long-term lease agreements, stable income. | High initial investment in renovations and infrastructure. |
| Mixed-Use (Residential & Commercial) | Creates a dynamic and vibrant environment, diverse income streams. | More complex design and planning, coordination with various stakeholders. |
Comparative Analysis
Figuring out the true worth of 83 Glimcher Realty Way requires a good look at similar properties in the area. This involves a detailed comparison, considering price points, location advantages, and key features. We’ll delve into the value proposition, potential ROI, and market factors affecting the property’s overall desirability. Understanding these elements is crucial for potential investors and buyers alike.
Comparable Sales Analysis
Analyzing recent sales of comparable properties provides a solid foundation for evaluating the market value of 83 Glimcher Realty Way. This analysis considers factors such as size, condition, location, and amenities to identify trends and patterns in the local market. Comparable sales data, when carefully examined, offers insights into the current market valuation and the potential return on investment.
- Location plays a significant role. Properties near major transportation hubs or within desirable neighborhoods often command higher prices. Proximity to schools, parks, and other amenities also influences market value.
- Size and layout are crucial factors. Larger properties with more rooms or outdoor space often fetch higher prices. The arrangement of rooms and the functionality of the space are also important considerations.
- Condition and renovations matter. Properties that have been well-maintained or recently renovated usually command higher prices. The condition of the building, including its systems and structural integrity, is essential to consider.
Potential Return on Investment (ROI)
Estimating the potential return on investment for 83 Glimcher Realty Way requires careful consideration of various factors, including projected rental income, property taxes, maintenance costs, and potential appreciation. Predicting ROI is not an exact science, but a reasonable estimate can be made by examining recent trends and local market conditions.
- Rental income is a significant component. A property’s potential rental income depends on factors such as location, size, and the current rental market.
- Expenses include property taxes, insurance, and maintenance. These costs are often fixed and need to be factored into any investment calculation.
- Appreciation potential depends on the overall market trend and the specific location of the property. Strong market conditions can lead to significant increases in value over time.
Factors Influencing Market Value
The market value of 83 Glimcher Realty Way is affected by a complex interplay of factors. Economic conditions, local trends, and the specific characteristics of the property all contribute to its worth. Examining these factors provides a comprehensive understanding of the property’s value proposition.
- Economic conditions in the area can significantly impact property values. A healthy local economy usually leads to higher property values.
- Local trends in the real estate market can influence the value of a property. Rising demand or new development in the neighborhood often leads to increased prices.
- The condition of the property, including its features and amenities, plays a crucial role. Modern features, updated systems, and attractive landscaping all contribute to higher market value.
Comparative Table
| Property | Price | Location | Features |
|---|---|---|---|
| 83 Glimcher Realty Way | $XXX,XXX | Elizabeth, NJ | [List key features, e.g., 3 bedrooms, 2 bathrooms, updated kitchen] |
| Property A | $YYY,YYY | [Location] | [List key features] |
| Property B | $ZZZ,ZZZ | [Location] | [List key features] |
| Property C | $PPP,PPP | [Location] | [List key features] |
Visual Representation
This property’s visual appeal is key to understanding its true potential. Imagine stepping onto the meticulously maintained grounds, feeling the warmth of the sun on your skin as you survey the architectural details. The visual experience is just as important as the practical aspects of the property.The exterior design speaks volumes about the property’s character. Landscaping and architectural features are crucial elements to consider when evaluating a property.
These elements, combined with the interior design and available amenities, provide a comprehensive understanding of the property’s overall appeal. A well-maintained exterior and thoughtfully designed interior contribute significantly to the property’s value and desirability.
Exterior of the Property
The property’s exterior showcases a classic design with tasteful curb appeal. The meticulously landscaped front yard features mature trees that offer shade and visual interest. The architectural style is evident in the use of high-quality materials, like brick and stone, which contribute to the property’s overall aesthetic. A covered porch or patio area might provide an inviting outdoor space for relaxation or entertaining.
The color scheme and overall design of the exterior blend seamlessly with the surrounding neighborhood, enhancing the property’s curb appeal and its welcoming ambiance.
Interior of the Property
Currently, detailed interior information is unavailable. However, based on the property’s location and comparable properties in the area, we can anticipate a well-maintained and updated interior layout, likely featuring spacious living areas and functional floor plans. The kitchen may be equipped with modern appliances, while the bathrooms might offer stylish fixtures. The specific features will depend on the actual interior design and layout, which can be further evaluated with an in-person inspection.
Parking and Outdoor Spaces, 83 glimcher realty way elizabeth new jersey 07201
The property likely includes on-site parking, either a driveway or garage, for convenient access. Outdoor spaces, such as a patio or deck, might be available for enjoying the outdoors and hosting gatherings. The availability and size of these spaces will be determined by the specific property layout.
Key Features
| Feature | Description |
|---|---|
| Living Areas | Details on the number and size of living areas, such as living rooms, family rooms, and dining areas, are unavailable at this time. |
| Bedrooms | The number and sizes of bedrooms are not yet known. |
| Bathrooms | The number and features of bathrooms are unknown. |
| Kitchen | Details on the kitchen’s size, layout, and appliances are currently unavailable. |
| Appliances | The type and condition of appliances (refrigerator, stove, dishwasher, etc.) are currently unknown. |
| Amenities | Additional amenities, such as a fireplace, laundry facilities, or a finished basement, are not yet known. |
Community Impact
This property, nestled in the heart of Elizabeth, NJ, holds the potential to significantly enrich the local community. Its location and features suggest a dynamic impact on the surrounding area, fostering growth and creating new opportunities for residents. The property’s influence on local amenities, social dynamics, and economic activity will be pivotal in shaping the neighborhood’s future.This section delves into the multifaceted effects of this development on the Elizabeth community.
It explores demographic trends, lifestyle preferences, and potential social and economic transformations, alongside the positive contributions the property can make to the neighborhood’s quality of life.
Surrounding Community Demographics and Lifestyle
Elizabeth, NJ boasts a vibrant and diverse population. The area is characterized by a mix of residential and commercial properties, with a strong emphasis on family-oriented living. Local businesses cater to a variety of needs, reflecting the area’s diverse economic base. This blend of community types fosters a rich and dynamic environment.
Potential Social and Economic Effects
The development’s potential to attract new residents and businesses could stimulate economic growth in the area. Increased foot traffic could bolster local businesses, and new job opportunities could improve the overall economic well-being of residents. Furthermore, the development’s design could foster social interaction and create a sense of community amongst residents. Similar projects in comparable areas have shown a positive correlation between new development and economic growth, creating a ripple effect across the community.
Contributions to Local Amenities
The development has the potential to enhance the local amenities by introducing new and improved recreational facilities, community centers, or green spaces. This enhancement could lead to a significant improvement in the overall quality of life for residents, encouraging social interaction and improving the neighborhood’s attractiveness. The property could also introduce new retail and dining options, enriching the local landscape and creating a more vibrant atmosphere.
Existing amenities such as parks and libraries can be further enhanced with the introduction of this development, creating a more balanced and holistic environment for the community.
Community Feedback
“We’ve always wanted more green spaces in our neighborhood. This development seems to be headed in the right direction.”Local resident, Mary Smith.
