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Anthony Romano

Licensed Realtor

Investor Relations - New & Modern Realty

The Brokerage Built for Builders

(201) 366-6986
Asking Price

$825,000

123 Hidden Street,Jersey City, NJ 07305

Comp Purchase Price

$825,000

What builders pay for similar lots nearby

Proj. Resale Price

$2,400,000

Based on 2 recent new construction sales nearby

Build Opportunity

Current Property Type

Vacant Land

Projected Resale Build Type

New Const – Triplex

Lot Size

6,500 ~ sqft

Dimensions

23 x 115 ft

Property Details

Additional Information

Description

This is fully approved for a three family (one 2BR/2BA, two 3BR/3BA) plus a two story ADU (2BR/2BA). Additionally, the property is approved for one parking spot and each unit has private outdoor spacer, including two private roof decks. Conservative estimates for Condo resale: Unit 1 – 2BR / 2BA: $550,000 Unit 2 – 3BR / 3BA + Parking: $750,000 Unit 3 – 3BR / 3BA: $700,000 ADU – 2BR / 2BA: $400,000

Zoning

R-1 Residential

Approval Status

Fully Approved with Permits

Environment

Unknown

Vacant at Closing

Yes

Subject To

NA, plans are approved

Closing Timeframe

Flexible

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

×3 unit opportunity — the projected build here is Triplex. Comp prices below are single-property sales.

2

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ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
322 Princeton Ave, Jc, Greenville, NJ 07305Smaller lot$749,000Condo2,4001,61342Aug 7, 2026N/AActive
Shaul M. Sugar
90 Seaview Ave, Jersey City, NJ 07305Old compSmaller lot$1,087,000N/A2,500N/A32N/ASep 17, 2025N/A
Lotfi Mohamed
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