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±56,050 SF Multifamily Redevelopment Opportunity - Availability Details

1 West Side Avenue, Jersey City, NJ 07305

  • For Sale $2,900,000
  • Property Type Multi-Family
  • Property Size 15,661 Sqft
  • Date Updated Aug 12, 2021
The property is located in Hackensack River Waterfront neighborhood which offers residents an urban-suburban mix feel. The neighborhood attracts many young professionals and is in great proximity to major highways such as I-78 and Route 440. Great access to numerous bus stops and NJ Transit Light Rail station.Conveniently located only 6 miles to the Holland Tunnel and 8 miles to Newark Liberty International Airport.
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Location

  • City Jersey City, NJ
  • Neighborhood Our Lady of Mercy
  • Zip Code 07305
  • Market New Jersey

Contacts

broker

Alessandro (Alex) Conte, CCIM, SIOR

The Blau & Berg Company

(973) 379-6644

Highlights

  • Proposed 6-story redevelopment consisting of 55 units with private parking
  • Units to include a mix of fifty 1-bedroom apartments with one bath, one 2-bedroom apartments with one bath and 4 two-bedroom apartments with two baths
  • Proposed gross square footage of ±56,050
  • Option for a ground lease
  • Walking distance to multiple bus stops and NJ Transit Light Rail station
  • Lot size at ±0.29 acres (Block 26101, Lot 5)
  • Real estate taxes at $25,354 (2021)

Contact Listing Broker

broker

Alessandro (Alex) Conte, CCIM, SIOR

The Blau & Berg Company

(973) 379-6644

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