$5,500,000
$6,000,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/03/2025
Key Details
Sold Price $5,500,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240014393
Sold Date 01/03/25
Lot Dimensions 42.4X179.2
Property Sub-Type Vacant Land
Property Description
829 Bergen is a fully approved 77 unit development site in the thriving Journal Square of Jersey City. Just a 7-minute walk from the Journal Square PATH station, this site is perfectly positioned for future tenants seeking a stylish boutique-style building with shared indoor and outdoor amenities, 20 parking spaces, and 50 bike spaces. Journal Square has recently seen significant development, with rising rents and low vacancy rates making it a hot market. The approved plans include an 11-story construction, totaling 70,414 gross buildable. Unit breakdowns are as follows: 1 three-bedroom unit, 19 two-bedroom units, 27 one-bedroom units, 30 studios. NET SALEABLE 49,000 square feet
Location
State NJ
County Hudson
Area Jc Journal Square
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Bought with NON-MEMBER