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Anthony Romano

Investor Relations - New & Modern Realty

The Brokerage Built for Builders

(201) 366-6986
Asking Price

$699,000

123 Hidden Street,Jersey City, NJ 07306

Comp Purchase Price

$699,000

Based on 4 recent builder purchases nearby

Proj. Resale Price

$1,700,000

Based on 2 recent new construction sales nearby

Build Opportunity

Current Property Type

Tear Down

Projected Resale Build Type

New Const – Duplex

Lot Size

3,000 ~ sqft

Dimensions

24 x 115 ft

Property Details

Additional Information

Description

Oversized lot in prime Journal Square location. This is the perfect opportunity to build a brand new, oversized duplex. The seller is motivated and looking to move fast.

Zoning

R-1 Residential

Approval Status

Unapproved

Environment

Unknown

Vacant at Closing

Yes

Subject To

Not open to discussion

Closing Timeframe

ASAP

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

×2 unit opportunity — the projected build here is Duplex. Comp prices below are single-property sales.

4

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ImageAddressPriceTypeLot (sqft)W x D (ft)Parcel ShapePurchase DateBuilder Names
17 Corbin Ave, Jersey City, NJ 07306Smaller lotNarrower$1,335,000Residential (General/Single)2,50025 x 100Feb 18, 2026
Chenna Real Estate Llc, Kenn Group Llc +3 morevia 3037 Jfk Jc LLC
32 Wright Ave, Jersey City, NJ 07306Old compSmaller lotNarrower$900,000Residential (General/Single)1,99920 x 100Jun 30, 2025
Sarandproperties Llc, Whitney Mcintyrevia Vhjc LLC
35 Romaine Ave, Jersey City, NJ 07306Old compSmaller lotNarrower$980,000Residential (General/Single)2,50025 x 100Jul 15, 2024
Abdul T Mahmood, Kaleemullah Syed Basheer +1 morevia Csk Property LLC
7 Bryant Ave, Jersey City, NJ 07306Old compSmaller lotNarrower$977,500Residential (General/Single)2,50025 x 100Feb 13, 2024
Alyas Bashirvia 7 Bryant Ave LLC
New Construction Sales

Based on similar sized new construction properties

×2 unit opportunity — the projected build here is Duplex. Comp prices below are single-property sales.

2

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ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
54 Logan Ave, Jc, Journal Square, NJ 07306

This is for one unit in a duplex

Smaller lot
$780,000Condo2,5001,60033Jul 17, 2025Oct 24, 2025SoldN/A
338 Sip Ave, Jersey City, NJ 07306Old compSmaller lot$1,500,000N/A2,500N/A32N/AApr 18, 2025N/A
Kelly Phung, Sivakumar Balasubramanian
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