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26 Oakland Ave - Oakland Corner 0.1 Acres of Commercial Land Offered at $3,900,000 in Jersey City, NJ 07306
Investment Highlights
- Striving Development Area
- Highly Populated Location
- Business District
Executive Summary
A unique and rare real estate development opportunity awaits in the vibrant JSQ section of Jersey City. This property is strategically located in a prime area, surrounded by new construction projects, and offers an unparalleled location just steps away from the newly built Jersey City Courthouse. Conveniently situated just minutes from the Journal Square Path Train and offering easy access to the Holland Tunnel via 139, this property boasts approval for over 20,000 square feet of buildable space. The development plan includes a six-story building with 29 approved units, comprising Studios, 1 Bedroom and 2 bedroom micro units, along with 15-20 parking spaces. Surrounded by a thriving community of newly constructed rental buildings, condo developments, and a variety of retail establishments, this property presents an attractive opportunity for residents seeking to immerse themselves in the bustling and dynamic business district of Journal Square. Don't miss out on this exceptional chance to secure a financially promising venture in a high-demand area. Contact us today to explore this amazing opportunity further.
Property Facts
| Price | $3,900,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Zoning | Commercial - Parking Lot | ||
| Price | $3,900,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.10 AC |
| Zoning | Commercial - Parking Lot |
1 Lot Available
Lot 8202/6
| Price | $3,900,000 | Lot Size | 0.10 AC |
| Price Per AC | $38,830,698.16 |
| Price | $3,900,000 |
| Price Per AC | $38,830,698.16 |
| Lot Size | 0.10 AC |
Parking Lot
Description
Parking Lot | Land
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-08202-0000-00006 | Improvements Assessment | $7,600 |
| Land Assessment | $331,600 | Total Assessment | $339,200 |
Property Taxes
Parcel Number
06-08202-0000-00006
Land Assessment
$331,600
Improvements Assessment
$7,600
Total Assessment
$339,200
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Contact the Sale Advisor
26 Oakland Ave - Oakland Corner