$599,000
For Sale

645 OCEAN AVE

Jersey City, NJ 07305
Browse 36 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Permitted as of right to build: 3 Units, plus a 4th Unit as an ADU. This 3,057 sq’, 26’ x 126’ - 25’ x 118’ lot is ideally located 2 short blocks from The Hudson/ Bergen Light Rail Station, around the corner from the new Jersey City Municipal offices, a large shopping center with major grocery store, and shops. This Prime development site, is in the Opportunity Zone, as well as New Market Tax Credit Eligible Census Tract. The current home at 645 Ocean Avenue is a large 3 bedroom 2.5 bath single family home built in 1995. It provides a large backyard and a curb cut that allows for parking in front of the building. The current building can also be quickly renovated and would make a wonderful home. The potential to build 4 units and maximize return could be scheduled for a later time. Delivered vacant.

  • Property Details
      • Date ListedFebruary 03, 2025
      • Property SubtypeVacant Land
      • Lot Description26.4X126.5
      • MLS #250002169
      • MLS #250002169
      • Property TypePurchase
      • CountyHudson
      • Cost599000
      • Acres0.07
      • SubdivisionNJ
      • ZoningR1

Location

Issa MusharbashReal Estate Group

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