Attention builders and investors a compelling mixed-use development opportunity in Jersey City's West Side - WESO (WEST SIDE SOUTH OF COMMUNIPAW) neighborhood.133 Mallory Avenue is a 25x90 lot zoned RC-1 (Residential Commercial District), one of the few zones in Jersey City that permits ground floor commercial as-of-right. This is not a straight residential play this is a mixed-use site. By-right, the lot supports a 3- to 4-story building with ground floor retail or commercial space and up to 3 residential units above. Elect into Jersey City's Affordable Housing Overlay for maximum density build to the full building envelope with a one-time trust fund contribution in lieu of any on-site affordable unit requirement. 25x90 lot 2,250 sq ft RC-1 zoning 3"4 stories permitted Ground floor commercial permitted as-of-right Mixed-use: retail/commercial + residential above AHO available to unlock additional density Currently occupied sold for land value Few lots in WESO offer this kind of flexibility. RC-1 is a builder's zone bring your vision. Call today.
| MLS # | 4020308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1925 |
| Days On Site | 154 |
| Listing Provided By | RE/MAX PROFESSIONALS I | CHRISTOPHER STEAD |
| Bath(s) | 3 Total |
|---|---|
| Basement | Y |
| Property | 5842 |
|---|
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07304 |
| Area | Hudson |
| School District | SNYDER |
| High School | SNYDER |
| Listing VS Median (in 07304) | |
Price: $950,000 low | high Med: $329,900 On site: 154 low | high Med: 59 | |
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07304 |
| Area | Hudson |
| School District | SNYDER |
| High School | SNYDER |
| Listing VS Median (in 07304) | |
Price: $950,000 low | high Med: $329,900 On site: 154 low | high Med: 59 | |