Prime Investment & Development opportunity in Jersey City is here! The property currently consists of a 4 Unit Multi-Family Building with full occupancy generating great rental income. Located in the 2060 Redevelopment Zone 4 of Journal Square, zoning permits a 4 story building creating an opportunity to build 8 plus units. Surrounded by bustling developments, this is one of the last properties near the Journal Square Path Station which is the top redevelopment area of Jersey City. This unique offering is perfect for those seeking to add to their investment portfolio and the potential for development of multiple units. Enhancing its appeal, this property offers the rare convenience of private parking ensuring secure and easy access for vehicles. Strategically located minutes away from public transportation, parks, shopping, and schools, this property offers the convenience of city living with the tranquility of a residential neighborhood. Within a 5 minute walk to Journal Square Path Station leads to only a 15 Minute Path Train ride into New York City. Perfect opportunity for Investors, Developers, and 1031 Exchange. Don't miss out on this Prime Investment/Development Opportunity!
Active
$1,099,400
64 Cottage St, Jersey City, NJ 07306
10beds
--sqft
Multi Family
Built in 1890
-- sqft lot
$1,099,400 Zestimate®
$--/sqft
$2,959 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 11, 2024 at 03:19pm
Source: StreetEasy,MLS#: S1718224
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Property
Details
- Parcel number: 0607902000000062
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1890
Community & neighborhood
Location
- Region: Jersey City
- Subdivision: Journal Square
HOA & financial
HOA
- Services included: Maintenance
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,099,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,099,400