Land For Sale in Jersey City, NJ
MLS# : 260003976
PROPERTY DETAILS
PROPERTY DESCRIPTION
An exceptional opportunity to build the perfect investment property in the rapidly growing Jersey City area. Plans are approved for 15 residential units, 8 parking spaces, and 900+ square feet of ground-floor retail. Located along vibrant Ocean Avenue, where new developments are transforming this dynamic corridor. Just two blocks from the Danforth Light Rail, offering easy access throughout Jersey City and into Manhattan. Major highways, including the NJ Turnpike and Route 440, are less than a minute away, making commuting seamless. Build your empire. Create your wealth. To live for…
Current Zoning & Permited Use
This listing is a courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
201-333-7717 office, listing agent CHARLAINE MERCADO
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $743,066 |
| Homes Sold* (12mo): | 184 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $424,900 - 1,974,999 | 40 |
| Condos : | $165,000 - 6,499,000 | 445 |
| Co-ops : | $375,000 - 569,500 | 2 |
| Twnhs : | $439,900 - 2,300,000 | 11 |
| 2-4 Fam : | $530,000 - 2,299,000 | 99 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 4 |
| Land : | $599,000 - 4,500,000 | 23 |
| Rentals : | $1,690 - 6,000 | 44 |
| Mixd Use : | $1,400,000 - 1,899,000 | 6 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $65,000 - 900,000 | 13 |
