76 VROOM ST, JC, Journal Square, New Jersey, 07306

76 VROOM ST
JC, Journal Square NJ 07306

Property

Ownership: For Sale
Type: Land
Pets: Pets Allowed

Financials

Price: $5,500,000
140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of REMAX COMPETITIVE EDGE ()

Description

Rare Opportunity to buy a huge lot in Journal Square Redevelopment Zone 4. Only a 9 Minute walk to Journal Sq Path Station, just 7 Blocks, direct trains to NYC. There are 3 lots with a total lot size of 11,000 sq ft. As of Right buildable to 6 Storeys. Estimated to build 60 to 80 one bedroom units. Average unit size 600 sq ft. New apartments/condos so close to the Path Station can sell for an average price of $330,000 per unit. No Approvals or Plans yet, Buyer to do due diligence. This neighborhood will be the new downtown, with many large projects already completed or about to be completed.

Neighborhood

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76 VROOM ST Land New Jersey

Description

Rare Opportunity to buy a huge lot in Journal Square Redevelopment Zone 4. Only a 9 Minute walk to Journal Sq Path Station, just 7 Blocks, direct trains to NYC. There are 3 lots with a total lot size of 11,000 sq ft. As of Right buildable to 6 Storeys. Estimated to build 60 to 80 one bedroom units. Average unit size 600 sq ft. New apartments/condos so close to the Path Station can sell for an average price of $330,000 per unit. No Approvals or Plans yet, Buyer to do due diligence. This neighborhood will be the new downtown, with many large projects already completed or about to be completed.

Neighborhood

More listings:

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