Active
505 NEWARK AVE
JC, Journal Square NJ, 07306
$2,400,000
Active
Land
Development Opportunity in the Neighborhood Commercial Zone. Great Location! No Maximum Density - Bulk Standard Only. 5 Story Mixed-Use Permitted with Limited Parking Required. Property is a Through-Lot that runs Newark Ave to Pavonia. A Site Study recently conducted by Hampton Hill Architecture of Jersey City concluded a Building Footprint of approximately 5300 SF. NC Zone allows 4 Stories over a Ground Fl, which provides approximately 18,000 SF of Livable Space. 40% of Grd Fl to be Commercial/Retail. Seller is interested in a short term Use & Occupancy, which would provide a revenue stream during planning approval.
230002122
MLSⓇ ID
February 6, 2023
Listed
December 1, 2023
Updated
Map
505 NEWARK AVE
JC, Journal Square NJ, 07306
Other Property Details
Area Name
JC, Journal Square
Garage
No
Parking
No
View
No
County
Hudson
Pool
No
Zoning
NC ZONE
Listing History
Date | Event | Price |
|---|---|---|
10/27/2023 | Price Change | $2,400,000 -18% |
Listed by DAVID DE PIERRO with PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Listing Contact: 201-333-7717
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Data last updated on 12/1/2023 at 4:50 AM UTC