364 5TH ST, Jc Downtown, NJ 07302
364 5TH ST, Jc Downtown, NJ 07302
364 5TH ST, Jc Downtown, NJ 07302
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$1,399,999
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2 Beds
2 Baths
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Key Details

Property Type Single Family Home

Sub Type One Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260019431

Style Other-See Remarks

Bedrooms 2

Full Baths 2

Property Sub-Type One Family

Property Description

RARE JERSEY CITY DEVELOPMENT OPPORTUNITY – TWO LOTS WITH APPROVED VARIANCES! Two adjoining 12.5' x 50' lots, being offered as 364 5th Street and 364.5 5th Street, with approved variances for the construction of a 4-story single-family home on each lot. Proposed homes are approximately 2,150 SF each, offering approximately 12.5' of width and 42.5' of depth, plus a cantilevered front section. Plans are available and currently show a 5-bedroom, 3-bath layout, with the ability to reconfigure the interior to accommodate the buyer's needs. Plans can also be modified to add a first-floor powder room. The existing plans for 364.5 5th Street would be generally mirrored for the second home. 364 5th Street currently contains a 2 bedroom, 2 bath single family home that is being sold as-is and is slated for demolition. Demolition permits have already been obtained. The basement includes existing plumbing/setup for a potential second bathroom. 364.5 5th Street is currently an open driveway lot. The properties were originally purchased as two separate lots. The Jersey City Tax Office subsequently consolidated them into one tax lot, and an application has been submitted to the Planning Board to subdivide the property back into two separate lots. The application is currently awaiting scheduling. The property offers the opportunity to pursue the approved redevelopment plans. Buyer to perform all due diligence regarding zoning, variances, plans, permits, dimensions, development potential, and municipal approvals. Property is being sold AS IS .

Location

State NJ

County Hudson

Area Jc Downtown

Interior

Heating Other-See Remarks

Cooling Other-See Remarks

Equipment Other-See Remarks

Exterior

Exterior Feature Other-See Remarks

Parking Features Other-See Remarks

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Listed by CORCORAN SAWYER SMITH

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REX Exceptional Client Care

REX Exceptional Client Care

+1(866) 742-5732

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