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40-Unit Multifamily Redevelopment Opportunity - Availability Details

819 W Side Avenue, Jersey City, NJ 07306

  • For Sale $2,500,000
  • Property Type Multi-Family
  • Property Size 14,130 Sqft
  • Date Updated Aug 16, 2021
Located in McGinley Square, an area of Jersey City that is quickly gaining popularity as a hotspot and is also considered the heart of Jersey City. The property is near the center of the city, south of Journal Square at the intersection of two of the city’s major thoroughfares, Montgomery Street and Bergen Avenue. This neighborhood is full of shops, restaurants and bars. Approx. 8 miles to Newark Liberty International Airport.
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Location

  • City Jersey City, NJ
  • Neighborhood St. Pete
  • Zip Code 07306
  • Market New Jersey

Contacts

broker

Justyna Kuczaj

The Blau & Berg Company

(973) 379-6644

Highlights

  • Proposed 5-story mixed-use redevelopment consisting of 40 units and ground level retail with a basement
  • Units to include a mix of 32 studios with 1 bath and eight 1-bedroom apartments with 1 bath
  • Proposed gross SF at ±30,142 sf (±5,795 sf will be dedicated to retail use)
  • Lot size at ±0.16 acres (Block 14705, Lot 1)
  • Zoning District NC (Neighborhood Commercial)
  • Walking distance to bus stop (NJ Transit Bus #1 and #80)
  • Real estate taxes at $30,576 (2021)

Contact Listing Broker

broker

Justyna Kuczaj

The Blau & Berg Company

(973) 379-6644

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