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$ 599,000
Est. payment | /mo
$ 599,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250002169
Annual Tax Amount $6,784
Tax Year 2023
Lot Dimensions 26.4X126.5
Property Sub-Type Vacant Land
Property Description
Permitted as of right to build: 3 Units, plus a 4th Unit as an ADU. This 3,057 sq', 26' x 126' - 25' x 118' lot is ideally located 2 short blocks from The Hudson/ Bergen Light Rail Station, around the corner from the new Jersey City Municipal offices, a large shopping center with major grocery store, and shops. This Prime development site, is in the Opportunity Zone, as well as New Market Tax Credit Eligible Census Tract. The current home at 645 Ocean Avenue is a large 3 bedroom 2.5 bath single family home built in 1995. It provides a large backyard and a curb cut that allows for parking in front of the building. The current building can also be quickly renovated and would make a wonderful home. The potential to build 4 units and maximize return could be scheduled for a later time. Delivered vacant.
Location
State NJ
County Hudson
Area Jc Greenville
Zoning R1
Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY