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41 Storms Ave - 41-43 Storms Ave 0.11 Acres of Residential Land Offered at $1,500,000 in Jersey City, NJ 07306
Investment Highlights
- Your ticket to Jersey City's thriving Journal Square.
- Great for investors wanting hands-on cash flow.
- Payroll rents keep it humming as a rental powerhouse, or make it your own for owner occupancy.
- Multi-family housing that's generating strong income through the MLS rent roll.
- Development shines bright.
- Deep, buildable space means options now or later—don't sleep on this hot investment!
Executive Summary
Development shines bright: build five units on the full lot, or subdivide into two twenty-five by one hundred parcels for three units each, totaling six. Payroll rents keep it humming as a rental powerhouse, or make it your own for owner occupancy. Deep, buildable space means options now or later—don't sleep on this hot investment!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $1,500,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.11 AC |
| Property Type | Land |
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.11 AC |
1 Lot Available
Lot 1
| Price | $1,500,000 | Lot Size | 0.11 AC |
| Price Per AC | $13,843,257.41 |
| Price | $1,500,000 |
| Price Per AC | $13,843,257.41 |
| Lot Size | 0.11 AC |
50 x 100 lot
Description
Discover 41-43 Storms Avenue, your ticket to Jersey City's thriving Journal Square. This 50 x 100 lot packs multi-family housing that's generating strong income through the MLS rent roll, great for investors wanting hands-on cash flow. Development shines bright: build five units on the full lot, or subdivide into two twenty-five by one hundred parcels for three units each, totaling six. Payroll rents keep it humming as a rental powerhouse, or make it your own for owner occupancy. Deep, buildable space means options now or later—don't sleep on this hot investment!
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Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (70)
Property Taxes
| Parcel Number | 06-15203-0000-00021 | Total Assessment | $611,400 |
| Land Assessment | $273,100 | Annual Taxes | ($1) |
| Improvements Assessment | $338,300 | Tax Year | 2025 |
Property Taxes
Parcel Number
06-15203-0000-00021
Land Assessment
$273,100
Improvements Assessment
$338,300
Total Assessment
$611,400
Annual Taxes
($1)
Tax Year
2025
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Presented by
Serhant New Jersey LLC
41 Storms Ave - 41-43 Storms Ave
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