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61-65 Paterson Ave 0.04 - 0.07 Acre Commercial Land Lots Offered at $2,999,999 in Hoboken, NJ 07030
Investment Highlights
- Part of the southwest redevelopment plan.
- Easy access in and out of town
- Adjacent to a public park
- Surrounded by new luxury developments
Executive Summary
Development opportunity in downtown HOBOKEN. 2 lots total. 1 zoned as commercial with 1 structure, the other is residential with 2 structures. Lot sizes are 25x74 (lot 00010) and 50x65 (lot 00008). Adjacent to a public park, easy access in and out of town, close to light rail, path, and surrounded by new luxury developments. Both lots sold together for $2,999,999.
Property Facts
| Price | $2,999,999 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 2 | Total Lot Size | 0.11 AC |
| Property Type | Land | No. Stories | 2 |
| Zoning | commercial | ||
| Price | $2,999,999 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.11 AC |
| No. Stories | 2 |
| Zoning | commercial |
2 Lots Available
Lot 1
| Price | $2,999,999 | Lot Size | 0.04 AC |
| Price Per AC | $74,999,975.00 |
| Price | $2,999,999 |
| Price Per AC | $74,999,975.00 |
| Lot Size | 0.04 AC |
4A - Commercial 25 x 74 Lots are being sold together, totaling 0.11-acres. Sale price $2,999,999.00 is for BOTH lots.
Lot 2
| Lot Size | 0.07 AC |
| Lot Size | 0.07 AC |
2 - Residential 50 x 65. Lots are being sold together, totaling 0.11-acres. Sale price $2,999,999.00 is for BOTH lots.
Description
Commercial development opportunity in downtown HOBOKEN. 2 lots in total. 1 zoned as commercial with 1 structure, the other is a 2 family home. Lot sizes are 25x74 (lot 00010) and 50x65 (lot 00008). Total square ft of 5,119.
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (82)
Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Number | 05-00012-0000-00010 | Improvements Assessment | $187,900 |
| Land Assessment | $171,000 | Total Assessment | $358,900 |
Property Taxes
Parcel Number
05-00012-0000-00010
Land Assessment
$171,000
Improvements Assessment
$187,900
Total Assessment
$358,900
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61-65 Paterson Ave
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