Description
Rarely Available Mixed Use Boutique Development Site For Sale on one of Jersey Citys most valuable retail and residential corridors. This 25 x 127 lot can be developed AS OF RIGHT to a 5 story, 12,500 Gross Buildable SQ FT project. There is in place income to cover holding costs while plans are devised. Condo prices are at around $600/SF for similar projects which would yield a sellout of approx. $5.6M. Can also be a great site for a retail end-user.
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School Ratings & Info
Description
Rarely Available Mixed Use Boutique Development Site For Sale on one of Jersey Citys most valuable retail and residential corridors. This 25 x 127 lot can be developed AS OF RIGHT to a 5 story, 12,500 Gross Buildable SQ FT project. There is in place income to cover holding costs while plans are devised. Condo prices are at around $600/SF for similar projects which would yield a sellout of approx. $5.6M. Can also be a great site for a retail end-user.
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Data last updated: 2023-11-28T14:25:53.677.