This is a rare opportunity to purchase and develop new construction in the highly desired "Jersey City Heights"

140 Bay St, Suite 1 Jersey City, NJ 07302
Courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE (201-963-1400)
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Location

271-275 OGDEN AVE
JC, Heights NJ 07307
Cross street:Griffith & Palisade Avenue

Property

Ownership: For Sale

Financials

Price: $3,900,000

Description

This is a rare opportunity to purchase and develop new construction in the highly desired "Jersey City Heights". Bulk sale consisting of: (3) Multi-Family Homes w/ adjacent corner lot, located on the prestigious "Ogden Avenue". With new renovation & development; can yield potential cap rate of 8.42%. Location is zoned for residential; providing an opportunity for developing prime real estate, resting atop the cliff of Jersey City Heights, quick access to Shopping Centers, Parks, Schools, NYC via NJ Transit Buses and a short distance to the Light-Rail - hurry this will not last!


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