Land For Sale in Jersey City, NJ
MLS# : 260007491
PROPERTY DETAILS
PROPERTY DESCRIPTION
Rare shovel-ready development opportunity just steps from Lincoln Park and Saint Peters University. This cleared, vacant lot comes with full municipal approvals in place, including all necessary variances, for a brand-new 4-unit, 4-story residential building, eliminating the time, cost, and uncertainty of the entitlement process. The approved plans, designed by T. Laporta Architect, PC, deliver a well-configured unit mix across four floors: an ADA-accessible 2-bedroom/1-bath unit on the ground level, two 3-bedroom/2-bath units on the first and second floors, and a 1-bedroom/1-bath penthouse-style unit on the third floor. Four indoor bike parking spaces are included in the approved design, and no on-site car parking is required per RH-2 zoning, keeping construction costs lean. The 55' x 41' x 52' irregular lot (Block 4406, Lot 20) sits along JFK Boulevard, steps from Lincoln Park and just minutes from Journal Square PATH, putting future residents within easy reach of Manhattan and all the dining, culture, and momentum that continues to define this corridor. With approvals secured, variances granted, and the site cleared and ready, this is a true plug-and-play opportunity for a developer looking to move fast in a market that rewards speed.
Current Zoning & Permited Use
- R2
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent LENY TORRES
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 (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $741,776 |
| 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 (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $419,000 - 2,950,000 | 52 |
| Condos : | $165,000 - 6,499,000 | 543 |
| Co-ops : | $350,000 - 679,000 | 6 |
| Twnhs : | $175,000 - 2,300,000 | 18 |
| 2-4 Fam : | $480,000 - 2,950,000 | 110 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 3 |
| Land : | $599,000 - 4,800,000 | 23 |
| Rentals : | $1,595 - 4,750 | 47 |
| Mixd Use : | $1,400,000 - 1,550,000 | 3 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 698,888 | 11 |
