REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 550,000
Est. payment | /mo
$ 550,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250005454
Annual Tax Amount $6,784
Tax Year 2023
Lot Dimensions 26.4X126.5
Property Sub-Type Vacant Land
Property Description
The land permits as of right: 4 Units, consisting of three - 3 bedroom 2 bath units and a 4th unit as an ADU. This 3,057 sq', 26' x 118' & 25' x 126' lot is an ideal investment 1300 sq' condos accorss the street have sold for $624, 000, and there are many new construction buildings in the area with similar numbers. 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. The property is in the Opportunity Zone, as well as the New Market Tax Credit Eligible Census Tract. The current home was built from ground up in 1995 it provides a large backyard and a curb cut that allows for multiple car parking in front of the building. The current home at 645 Ocean Avenue is a large 4 bedroom 2.5 bath single family home. The building can be renovated to 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 Bergen-Lafayette
Zoning R1
Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY