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165-175 Bergen Ave

Jersey City, Greenville, NJ 07305
  • $4,300,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 220008776
UPDATED: 69 min ago
$4,300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

18,000 +/- SF Lot on 5 parcels prime for a Transit Oriented Development and located in a Qualified Opportunity Zone. (Qualified Opportunity Zones offer investment opportunities for smart growth in a designated and qualified area that may present significant tax savings and potentially higher after-tax returns than traditional investments). It is anticipated that 65-80 Units can be constructed on this site, which is served by public transportation to NYC, and is located 1/2 Mile to the City Hall Annex and Light Rail Train Station including public parks and major retailers. Topography of the site is pitched on a slope downward for future parking design.

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© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-06-25T00:26:04.367.
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165-175 Bergen Ave Jersey City, Greenville, NJ 07305

  • Price: $4,300,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 69 min ago
  • MLS #: 220008776
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Greenville
County:
Hudson
Area:
Jersey City, Greenville
Property Description
18,000 +/- SF Lot on 5 parcels prime for a Transit Oriented Development and located in a Qualified Opportunity Zone. (Qualified Opportunity Zones offer investment opportunities for smart growth in a designated and qualified area that may present significant tax savings and potentially higher after-tax returns than traditional investments). It is anticipated that 65-80 Units can be constructed on this site, which is served by public transportation to NYC, and is located 1/2 Mile to the City Hall Annex and Light Rail Train Station including public parks and major retailers. Topography of the site is pitched on a slope downward for future parking design.
Exterior Features

Construction Frame Covered Parking No Lot Size 17830

Interior Features

Four Plus Bedrooms 1 Sprinklers None Three Bedrooms 2 Two Bedrooms 1

Property Features

Commercial Type Investment Easements No Elevators No Fuel Gas Green Card No Gross Income 116400 Internet Yes Lead Paint Form Yes Mixed Use No Operating Expenses 14962 Rent Control No Taxes 15197

Listing provided courtesy of Michael Cervelli Real Estate Llc:201-868-6300.


© 2022 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-06-25T00:26:04.367.
 
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PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030