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5501 Tonnelle Ave
North Bergen, NJ 07047
Land For Sale
·
1.27 AC
Investment Highlights
- Very Heavy Vehicle Traffic
- 30 Year PILOT
- Light Rail Station
- High Visibility
- Urban Enterprise Zone
Property Facts
| Property Type | Land | Total Lot Size | 1.27 AC |
| Property Subtype | Residential | No. Stories | 3 |
| Proposed Use | Multifamily | ||
| Zoning | commercial | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.27 AC |
| No. Stories | 3 |
| Zoning | commercial |
Description
Recently approved plans to construct a 222 unit mid rise. Tonnelle is one of the busiest vehicle trafficked roads in NJ, now boasting multiple new developments and dispensaries. Currently negotiating a 30 year PILOT program, the site is in the redevelopment zone and in the Urban Enterprise Zone. Next to the Tonnelle Light Rail Station.
Property Taxes
| Parcel Number | 08-00168-0000-00002 | Improvements Assessment | $720,900 |
| Land Assessment | $3,872,500 | Total Assessment | $4,593,400 |
Property Taxes
Parcel Number
08-00168-0000-00002
Land Assessment
$3,872,500
Improvements Assessment
$720,900
Total Assessment
$4,593,400
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