What is "it is neither here nor there"

Here \Here\ (h[=e]r), adv. [OE. her, AS. h[=e]r; akin to OS. h[=e]r, D. hier, OHG. hiar, G. hier, Icel. & Goth. h[=e]r, Dan. her, Sw. h["a]r; fr. root of E. he. See He.]

1. In this place; in the place where the speaker is; -- opposed to there.

   He is not here, for he is risen.
   --Matt. xxviii. 6.

2. In the present life or state.

   Happy here, and more happy hereafter.
   --Bacon.

3. To or into this place; hither. [Colloq.] See Thither.

   Here comes Virgil.
   --B. Jonson.

   Thou led'st me here.
   --Byron.

4. At this point of time, or of an argument; now.

   The prisoner here made violent efforts to rise.
   --Warren.

   Note: Here, in the last sense, is sometimes used before a verb without subject; as, Here goes, for Now (something or somebody) goes; -- especially occurring thus in drinking healths. ``Here's [a health] to thee, Dick.''
   --Cowley.

   Here and there, in one place and another; in a dispersed manner; irregularly. ``Footsteps here and there.''
   --Longfellow.

   It is neither, here nor there, it is neither in this place nor in that, neither in one place nor in another; hence, it is to no purpose, irrelevant, nonsense.
   --Shak.