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$ 589,000
Est. payment | /mo
$ 589,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260006113
Property Sub-Type Investment
Property Description
Rare development opportunity at 162 Summit Ave, Jersey City! Located in a prime Jersey City neighborhood, this lot is development-ready and offers immediate potential to build quality housing. The existing property is approximately 1,500 sq ft and currently configured as a 4-bedroom, 1-bath home, offering potential for redevelopment or renovation. Key features include approved plans to build 3 condos or a 3-family home, with the possibility to add a 4th unit. Perfect for new construction, this property provides an excellent opportunity to capitalize on a sought-after area and bring a development project to life. Investors and developers will appreciate the ready-to-build status and approved plans, making this a turnkey opportunity in the competitive Jersey City market. Conveniently located near the bustling Journal Square area, just a 10–15 minute walk to the PATH train station, along with restaurants, cafés, bus routes, and more.
Location
State NJ
County Hudson
Area Jc Journal Square
Listed by SKY REALTY INTERNATIONAL LLC
Nearby Locations
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