598 Jersey Ave
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598 Jersey Ave
0.12 Acres of Residential Land Offered at $2,500,000 in Jersey City, NJ 07302
Executive Summary
Rare development opportunity in a prime Downtown Jersey City location! This 5,333 sq ft corner lot is 64 by 83.33 ft facing South and West. The first floor has 100% lot coverage. Nine units and four stories are granted by right in this zone that allows for 74 units per acre. Amazing location with Hamilton Park and the Newark Ave Pedestrian Plaza (restaurant row) just a few blocks in either direction. The Grove St path train is also just a few blocks away. Close to supermarkets, parks, restaurants, and coffee shops, an ideal setting for a new residential development. Sitting on the lot is a historic house of worship dating back to 1886.
Property Facts Under Contract
| Price | $2,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.12 AC |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 0.12 AC |
| Price Per AC | $20,419,999 |
| Price | $2,500,000 |
| Price Per AC | $20,419,999 |
| Lot Size | 0.12 AC |
This 5,333 sq ft corner lot is 64 by 83.33 ft facing South and West. The first floor has 100% lot coverage.
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (78)
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598 Jersey Ave
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