75 Vroom St
Jersey City, NJ 07306
Land For Sale
·
0.03 AC
Investment Highlights
- Prime Journal Square Block
- Seller will wait for construction docs
- Approved
- Motivated Seller
Property Facts
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 0.03 AC |
| Zoning | R2 - Use permitted and approved | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.03 AC |
| Zoning | R2 - Use permitted and approved |
Description
RARE OPPORTUNITY! Approved Lot for brand new 2 Family on a great residential block in Jersey City’s Journal Square. Walking distance to the PATH train, this is a terrific opportunity to build your very own brand-new home and/or investment property. Unit 1 is a 600 SF one bedroom with access to the back yard. Unit 2 is a 1500 SF 3 BR, 2 BA duplex with private outdoor space. Seller will wait for buyer to retain construction plans and permits so that financing is feasible. An experienced builder has given an estimated cost of completion of around $500k. US Bank can finance purchase and construction with 30% down of the future appraised value (or 20% of the future appraised value if buyer prefers a 1 family). Motivated Seller. Inquire for more details.
