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169 Culver Ave 7 Unit Apartment Building $1,800,000 ($257,143/Unit) Jersey City, NJ 07305
Executive Summary
NEW DEVELOPMENT CONDO PROJECT WITH PROPERTY FOR SALE--Summary: Declaration obtained from Jersey City Planning Board with All approvals fully granted. Architectural and Engineering Construction Documents Completed & Ready to Build! Projected construction Time = 9-12 months. Fully Approved Architectural and Engineering Plans specifies Adaptive Re-use of current Structure. This Mid-Rise Architectural Condo Masterpiece offers excellent amenities--Elevator, Roof Garden, 4 Subgrade Parking plus storage, Bicycle Storage. Unit Count = 7. Four 2 bedroom units and Three 1 bedroom units. Units designed as Self-contained open floor plan. Consists of gourmet style kitchen & dining, 2 baths and laundry room. THE PROJECTED VALUATION AT COMPLETION OF THIS PROJECT IS ESTIMATED BETWEEN $6-$7MIL+
CONDO UNIT BREAKDOWN:
TWO BEDROOM UNITS
APT. #101 - 2 BEDRM UNIT/3 BTHS - = 1,815 S.F. - (DUPLEX)
APT #302 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F.
APT #402 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F. (ENCLOSED ROOF GARDEN AREA)
APT #502 - 2 BEDRM UNIT/2 BTHS - = 1,288 S.F. (ENCLOSED ROOF GARDEN AREA)
ONE BEDROOM UNITS
APT #301 - 1 BEDRM UNIT = 774 S.F.
APT #401 - 1 BEDRM UNIT = 774 S.F.
APT #501 - 1 BEDRM UNIT = 959 S.F.
CONDO UNIT BREAKDOWN:
TWO BEDROOM UNITS
APT. #101 - 2 BEDRM UNIT/3 BTHS - = 1,815 S.F. - (DUPLEX)
APT #302 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F.
APT #402 - 2 BEDRM UNIT/2 BTHS - = 1,140 S.F. (ENCLOSED ROOF GARDEN AREA)
APT #502 - 2 BEDRM UNIT/2 BTHS - = 1,288 S.F. (ENCLOSED ROOF GARDEN AREA)
ONE BEDROOM UNITS
APT #301 - 1 BEDRM UNIT = 774 S.F.
APT #401 - 1 BEDRM UNIT = 774 S.F.
APT #501 - 1 BEDRM UNIT = 959 S.F.
Property Facts
| Price | $1,800,000 | Building Class | B |
| Price Per Unit | $257,143 | Lot Size | 0.16 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 7 | Building Size | 13,000 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 2026 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R-2 - Mid-Rise Residential | ||
| Price | $1,800,000 |
| Price Per Unit | $257,143 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Construction Status | Proposed |
| Building Size | 13,000 SF |
| No. Stories | 6 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
| Zoning | R-2 - Mid-Rise Residential |
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-22102-0000-00016 | Improvements Assessment | $10,000 |
| Land Assessment | $777,600 | Total Assessment | $787,600 |
Property Taxes
Parcel Number
06-22102-0000-00016
Land Assessment
$777,600
Improvements Assessment
$10,000
Total Assessment
$787,600
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169 Culver Ave
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