Type: Private
Price: $1,350,000
Location: 420 Central Ave, Jersey City, NJ
Condition: Used
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. For more details: /land-lots_jersey-city-d524123/for-sale_i66809488