Land For Sale in Jersey City, NJ
MLS# : 250002370
PROPERTY DETAILS
PROPERTY DESCRIPTION
An oversized 25x150 Lot with a Single family home on this property. Renovate, expand or demo & build a multifamily or "Build your Dream Home". In the heart of Journal Square with numerous development projects underway. Journal Square is transforming with new infrastructure, businesses and residential projects. A new 5 story 19 unit residential project to be built directly across the street from this property. Making this an ideal investment for investors and developers looking to maximize profitability. "SOLD AS-IS" Interior photos available upon request. Currently occupied, there will be No Interior showings without accepted offer.
Current Zoning & Permited Use
This listing is a courtesy of REMAX VILLA REALTORS
201-868-3100 office, listing agent SHERIF FANOUS
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): | $711,295 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $657,792 |
| Apatments Sold* (12mo): | 1,062 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
Search
MLS#
MLS#
MLS#
MLS#
MLS#
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $375,000 - 3,000,000 | 59 |
| Condos : | $155,000 - 4,148,000 | 362 |
| Co-ops : | $549,000 - 549,000 | 1 |
| Twnhs : | $399,900 - 1,749,000 | 13 |
| 2-4 Fam : | $384,900 - 2,750,000 | 112 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 |
| Land : | $299,000 - 5,500,000 | 14 |
| Rentals : | $1,546 - 7,095 | 71 |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 8 |
