RARE INVESTMENT OPPORTUNITY! This 25x100 underutilized lot sits in a PRIME PRIME location less than 2 blocks of Grove St Path offering direct access to NYC and all of downtown's attractions. Unique opportunity for homeowners and investors alike who are looking to enter the coveted landscape of downtown Jersey City. Even rarer is the ability for a developer to add value by adding both an additional story and increasing the depth of the building by 30 ft. It's close proximity to all things central offers an exceptional value proposition with tons of potential. Various development plays for highest and best use to capitalize on its proximity to the best of everything. A 3 story multi-family home currently sits on lot. Zoning allows up to 4 stories and 4 families. Buyer must conduct their own due diligence.
Off market
$1,859,200
230 Bay St, Jersey City, NJ 07302
4beds
2,767sqft
MultiFamily
Built in 1895
-- sqft lot
$1,859,200 Zestimate®
$672/sqft
$4,402 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Gas
Features
- Basement: Finished, Full, Walk-Out Access
Interior area
- Total interior livable area: 2,767 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 2,500 sqft
Details
- Parcel number: 0611403000000027
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Brownstone
Condition
- Year built: 1895
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- Heating: Baseboard, Gas
- Basement: Finished, Full, Walk-Out Access
- HeatingYN: true
- Exclusions: All personal property
- ConstructionMaterials: Brick
- Inclusions: All appliances
- ArchitecturalStyle: Brownstone
- MlsStatus: Active
- ListPriceLow: 1400000
Services availability

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