Land For Sale in Jersey City, NJ
MLS# : 240021654
PROPERTY DETAILS
PROPERTY DESCRIPTION
Recently renovated 4 bedroom 3 bathroom single family home. This is an incredible opportunity to own an exceptional piece of Hudson County real estate in an emerging neighborhood! This expansive property boasts nearly 4,000 sq. ft. of lot coverage(35 x 113) and features an existing single-family structure(owner previously leased the home for $3200/month). With its exclusive driveway accommodating multiple vehicles and a detached two car garage, this building is perfectly suited for redevelopment or immediate use. Currently zoned as R-3, you are permitted to build up to four units as of right, with an opportunity to build 10-15 or more units with city approvals and variance. You are 20 minutes from Lower Manhattan, New York, Newark Liberty Airport, Hoboken, and all major Hubs! So whether you're looking add another investment property into your portfolio, or venture on a multi-million-dollar development project, this property is a dream come true.
Current Zoning & Permited Use
- R3 Residential Multi Fam
This listing is a courtesy of PROVIDENT LEGACY REAL ESTATE SERVICES LLC
201-809-9925 office, listing agent GEORGE W LLERENA
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $676,026 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $653,404 |
| Apatments Sold* (12mo): | 1,041 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,000 - 3,495,000 | 78 avail |
| Condos : | $155,000 - 6,995,000 | 434 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,869,000 | 13 avail |
| 2-4 Fam : | $425,000 - 3,495,000 | 140 avail |
| 5+ Fam : | $1,200,000 - 2,999,999 | 5 avail |
| Land : | $399,000 - 6,750,000 | 16 avail |
| Rentals : | $1,546 - 7,295 | 66 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 10 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $70,000 - 2,000,000 | 7 avail |
