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Anthony Romano

Licensed Realtor

Investor Relations - New & Modern Realty

The Brokerage Built for Builders

(201) 366-6986
Asking Price

$2,050,000

123 Hidden Street,Jersey City, NJ 07306

Proj. Resale Price

$9,750,000

Based on 2 recent new construction sales nearby

Build Opportunity

Current Property Type

Tear Down

Projected Resale Build Type

Multi Story Dev

Lot Size

7,500 ~ sqft

Dimensions

41 x 140 ft

Property Details

Additional Information

Description

Fully approved 14-unit condominium development opportunity in a prime Journal Square location. Each unit is approximately 1,100 square feet, with projected resale values in the $700,000–$750,000 range based on comparable new construction condo sales in the area. Larger duplex conod units in this market are averaging approximately $900,000–$1,000,000, which supports strong demand for smaller, more attainable condo units at a comparatively affordable price point.

Zoning

Residential

Approval Status

Fully Approved with Permits

Environment

Unknown

Vacant at Closing

Yes

Subject To

Fully Approved

Closing Timeframe

Flexible Closing

Comparable Sales Map

Locations of builder purchases and new construction sales

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New Construction Sales

Based on similar sized new construction properties

Multi-unit opportunity — the projected build here is Multi Story Dev. Comp prices below are single-property sales.

2

← Swipe to see more →

ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
65 Tuers Ave, Jersey City, NJ 07306Smaller lot$1,099,000Condo3,4002,30043Sep 15, 2025N/AExpired
Bhavani Donepudi, Mahendar Reddy Andem +2 more
21 Highland Ave, Jersey City, NJ 07306Smaller lot$1,149,000Condo4,2491,85043Sep 27, 2024N/AWithdrawn
Graphs Foods Llc, Manmit Singh Vasdev +3 more
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