$3,000,000
123 Hidden Street,Jersey City, NJ 07306
$2,900,000
After new construction, sold
Current Property Type
Vacant Land
Projected Resale Build Type
Multi Story Dev
Lot Size
2,500 ~ sqft
Dimensions
24 x 108 ft
Additional Information
Description
23-Unit new construction, vacant lot fully approved with permits! This shovel ready lot is approved for a 24 unit rental building. The seller is very motivated and open to all offers! Unit Mix: 12 Studios / 10 One BR / 1 Two BR (Approx. 12,500 sqft of rentable space) Conservative Stabilized NOI: $503K / $550K at market rents Stabilized Value: $10.5 - $11M
Zoning
Residential
Approval Status
Fully Approved with Permits
Environment
Unknown
Vacant at Closing
Yes
Subject To
NA
Closing Timeframe
Flexible
Comparable rental properties in this area
← Swipe to see more →
| Image | Address | Rent/Mo | Lot SqFt | Home SqFt | Beds | Baths |
|---|---|---|---|---|---|---|
| 425 Summit Ave, Jersey City, NJ 07306 | $2,725 | N/A | 434 | N/A | 1 | |
| 425 Summit Ave, Jersey City, NJ 07306 | $3,570 | N/A | 670 | 1 | 1 | |
| 96-100 Tuers Ave, Jersey City, NJ 07306 | $3,300 | N/A | 938 | 2 | N/A |
Need funding for your project?
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