373-375 3RD ST

    Jc, Downtown, NJ 07302
    • $1,200,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 190007132
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    RARELY does a mixed-used building with so much potential come up for sale in the Village section of Downtown Jersey City. This location is just a 12-minute commute to the Grove Street Path offering direct access to NYC. Even RARER is the ability for a developer or investor to add value by adding both an additional story and increasing the width of a building. The property currently consists of 2 buildings. The front building holds 3 units: a commercial unit and two residential units. The back building has two residential units. Many different options are available to capitalize on its proximity to the Path Station and NYC: create an Airbnb hotel of 4 units or condo convert. For those looking to diversify, create a mixture of Airbnb, residential and commercial rentals-all in one building. Please see attached renderings. Buyer must conduct their own due diligence.

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    © 2019 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-04-23T00:25:37.883.
    www.primerealestategroup.com/homes/93619994

    373-375 3RD ST Jc, Downtown, NJ 07302

    • Price: $1,200,000
    • Status: Active
    • MLS #: 190007132
    0
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Downtown
    Area:
    Jc, Downtown
    Property Description
    RARELY does a mixed-used building with so much potential come up for sale in the Village section of Downtown Jersey City. This location is just a 12-minute commute to the Grove Street Path offering direct access to NYC. Even RARER is the ability for a developer or investor to add value by adding both an additional story and increasing the width of a building. The property currently consists of 2 buildings. The front building holds 3 units: a commercial unit and two residential units. The back building has two residential units. Many different options are available to capitalize on its proximity to the Path Station and NYC: create an Airbnb hotel of 4 units or condo convert. For those looking to diversify, create a mixture of Airbnb, residential and commercial rentals-all in one building. Please see attached renderings. Buyer must conduct their own due diligence.
    Exterior Features

    Covered Parking No Lot Size 30.02X80.10 Stories 3

    Interior Features

    One Bedrooms 4 Sprinklers None

    Property Features

    Commercial Type Investment Easements No Elevators No Fuel Gas Gross Income 19200 Internet Yes Lead Paint Form Yes Mixed Use Yes Rent Control No Taxes 7219

    Listing provided courtesy of Weichert Realtors:201-333-4443.


    © 2019 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-04-23T00:25:37.883.
     
    PRIME Real Estate Group
    98 Park Avenue
    Hoboken NJ, 07030