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Anthony Romano

Questions? Call directly

(201) 366-6986
Asking Price

$1,200,000

123 Hidden Street,Jersey City, NJ 07304

Comp Purchase Price

$1,100,000

Based on 1 recent builder purchase nearby

Proj. Resale Price

$3,000,000

Based on 1 recent new construction sale nearby

Build Opportunity

Current Property Type

Tear Down

Projected Resale Build Type

Multi Story Dev

Lot Size

6,000 ~ sqft

Dimensions

40 x 118 ft

Zoning

Zoning: R-1 · Neighborhood Housing

This R-1 zone in Jersey City allows residential development, typically one or two dwelling units per lot. Maximum building height is 35 feet, and the maximum lot coverage for a lot of this size is 85%.

Single FamilyMulti FamilyCommercialIndustrialADUShort-Term Rentals
Property Details

Additional Information

Description

This is currently comprised of four units (Two 2BR, Two 3BR). This is a perfect opportunity to renovate and flip the four units, and even build an addition.

Zoning

Residential

Approval Status

Unapproved

Environment

Unknown

Vacant at Closing

TBD

Subject To

Open to discussion.

Closing Timeframe

Flexible

Comparable Sales Map

Locations of builder purchases and new construction sales

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Builder Purchase Comps

Recent similar sized builder purchases in this area

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

1

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ImageAddressPriceTypeLot (sqft)W x D (ft)Parcel ShapePurchase DateBuilder Names
286 Forrest St, Jersey City, NJ 07304Old compSmaller lotShallower$1,060,000Apartments (Generic)5,00150 x 100Jan 28, 2024
Chaim Weisberg, Rivka Biedermanvia 286 Forest LLC
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.

1

← Swipe to see more →

ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
10 Brinkerhoff St, Jersey City, NJ 07304Old compSmaller lot$800,000N/A5,175N/A33N/AApr 23, 2025N/AN/A
Fix & Flip Financing

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