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420 Central Avenue Building Jersey City Jersey City NJ 07307
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  2. 420 Central Avenue
420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307
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420 Central Avenue

Jersey City | New Jersey
South Street & Thorne Street

Schedule a Viewing
$ 1,500,000
Building For Sale
Property Type
Active
Status
$ 14,844
Real Estate Taxes [Per Annum]
  • 420 Central Avenue
  • $ 1,500,000
420 Central Avenue Building Jersey City Jersey City NJ 07307

Building Details

420 Central Avenue Building Jersey City Jersey City NJ 07307
Mixed Use
Ownership
Low-Rise
Building Type
None
Service Level
None
Access
3
Floors

Photos

420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307
420 Central Avenue Building Jersey City Jersey City NJ 07307

Description

Rarely available development site FOR SALE in prime Jersey City neighborhood. This AS OF RIGHT, 5 story, 12,500 gross buildable SF project is located in the heart of Jersey City Height’s retail and residential corridor along Central Avenue. The 25 x 127 ft lot is zoned for Neighborhood Commercial use. With other recent similar projects in the area and many more slated to come this is a terrific opportunity to develop in Jersey City as the project presents strong underwriting even in today’s challenging lending landscape albeit as a rental or condo project. Not to be understated, the current use generates a positive cash flow allowing for flexibility while developing further plans. Please inquire further for a full marketing deck as well as a detailed proforma.
Rarely available development site FOR SALE in prime Jersey City neighborhood. This AS OF RIGHT, 5 story, 12,500 gross buildable SF project is located in the heart of Jersey City Height’s retail and residential corridor along Central Avenue. The 25 x 127 ft lot is zoned for Neighborhood Commercial use. With other recent similar projects in the area and many more slated to come this is a terrific opportunity to develop in Jersey City as the project presents strong underwriting even in today’s challenging lending landscape albeit as a rental or condo project. Not to be understated, the current use generates a positive cash flow allowing for flexibility while developing further plans. Please inquire further for a full marketing deck as well as a detailed proforma.
420 Central Avenue Building Jersey City Jersey City NJ 07307

Contact

License Licensed As: Jesse Toledano
Jesse Toledano

Jesse Toledano

License Licensed As: Jesse Toledano

Licensed Associate Real Estate Broker

W: 201-975-3887
M: 917-923-3266
Contact Agent Download VCard

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Loan Amount

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 91086TH