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Anthony Romano

Licensed Realtor

Investor Relations - New & Modern Realty

The Brokerage Built for Builders

(201) 366-6986
Asking Price

$1,900,000

123 Hidden Street,Jersey City, NJ 07302

Comp Purchase Price

$1,900,000

Based on 1 recent builder purchase nearby

Proj. Resale Price

$5,000,000

Based on 6 recent new construction sales nearby

Build Opportunity

Current Property Type

Renovatable

Projected Resale Build Type

Multi Unit Home Dev

Lot Size

2,000 ~ sqft

Dimensions

18 x 90 ft

Property Details

Additional Information

Description

This property is perfectly poised for a gut renovation, and even adding an addition onto the back. This has potential to be four luxury condos or two oversized duplexes.

Zoning

Residential

Approval Status

Unapproved

Environment

Unknown

Vacant at Closing

Yes

Subject To

NA

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 Unit Home Dev. Comp prices below are single-property sales.

1

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ImageAddressPriceTypeLot (sqft)W x D (ft)Parcel ShapePurchase DateBuilder Names
276 3rd St, Jersey City, NJ 07302Old compSmaller lotNarrower$1,900,000Residential (General/Single)2,07322 x 95Jul 11, 2025
Kevin Mohrvia 276 3rd St LLC
New Construction Sales

Based on similar sized new construction properties

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

6

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ImageAddressPriceTypeLot SqFtHome SqFtBedsBathsList DateSold DateStatusBuilder Names
415 Monmouth St, Jc, Downtown, NJ 07302Old compSmaller lot$1,111,111Condo1,3981,51632Jun 25, 2025Jul 31, 2025SoldN/A
647 Jersey Ave, Jc, Downtown, NJ 07302$2,475,000Condo2,5002,80043Apr 15, 2026Jun 18, 2026Sold
Donna Theresa Pepe
319 5th St, Jersey City, NJ 07302Old comp$2,335,000N/A2,374N/A43N/ASep 19, 2024N/A
David Sarnowski, Padraic Gallagher
211 5th St, Jc, Downtown, NJ 07302Old comp$1,150,000CondoN/A1,30022Oct 31, 2023Apr 12, 2024SoldN/A
58 Coles St, Jc, Downtown, NJ 07302Old comp$1,475,000CondoN/A1,96333May 8, 2024Aug 12, 2024SoldN/A
No image
310 5th Street, Jersey City, New Jersey 07302Old comp$1,300,000CondoN/A2,14233Aug 9, 2024Oct 14, 2024SoldN/A
Fix & Flip Financing

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