** ELM ST Land New Jersey


Property

Website:https://www.nestseekers.com/2882970
Address:
** ELM ST
JC, Heights, NJ 07306
Ownership: For Sale
Type: Land
Pets: Pets Allowed

Financials

Price: $6,000,000
Annual Taxes: $2,023

Description

*Following lots in Block5403 must be sold together re: on Elm & Floyd Streets; Lots 1, 2, 3, 4, 5. and Lots 24, 25, 26 and 27. Floyd and Elm Street Lots are contiguous. Developers/Investors! Rare opportunity=9 vacant lots in The Heights section appr.1 mile to Journal Square Path. Must be sold together. Currently zoned in 1-2 residential. Sewer utilities located in both Floyd & Elm Streets. JCMUA water and sewer line maps attached to the mls. (Topographical Survey uploaded to mls) Total lot size is approximately 26,364 sq.ft. or .605 acre. Completed 963page Environmental Study/Phase 1 (avail upon request) While an excerpt of Phase 1 is uploaded to mls. Bd. of Adj. application anticipated for variance to allow multi-unit building. Final variance approval is the responsibility of the Buyer. Additional to current description of land.....PRICE REDUCTION is based on drawings that provide proposal for 79 units requiring 1 height variance for 9 lots. Possible for more units but requires more variances and construction costs. In addition, lot 15 may be purchased but at an additional cost per negotiations. Drawings for 79 units are attached. Please note that the drawings provided show the entry is on Floyd St. Photos provided show different perspectives with and without foliage Absolutely, No access to vacant lots permitted from either Liberty or Floyd Avenues. Absolutely no showings/access to vacant lots from Elm Street without confirmed appointment. Perspective buyers may NOT view vacant lots without written permission and may not enter owners property without an appointment confirmed in writing. Trespassers will be prosecuted.

Contact

140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of EXP REALTY LLC ()