15-17 Laidlaw Ave,Jersey City, NJ 07306
Jersey City, NJ 07306
Description
50x118 Lot Size. Rare investment opportunity at 15 Laidlaw Ave in Jersey City. Property consists of a solid 6-family building plus an adjacent parking lot currently undergoing subdivision. Upon completion, the 6-family will remain on its own lot, while the parking lot will become a separate buildable parcelideal for ground-up development. Excellent value-add potential with immediate rental income from the existing building and future upside through development of the newly created lot. Preliminary subdivision in progressbuyer to perform all due diligence regarding approvals, zoning, and development potential. Located in a rapidly appreciating area with strong rental demand and new construction activity nearby. Opportunities like thisincome + developmentare extremely limited in Jersey City.
Details
| MLS # | 260009027 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 121 |
| Listing Provided By | SMART CHOICE REALTY LLC | JASON PASCALE |
Features
| Story(s) | 3 |
|---|---|
| Units | 6 |
Area Information
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07306 |
| Area | JC | Heights |
| Subarea | JC | Heights |
| Community Name | Heights |
| Listing VS Median (in Heights) | |
Price: $1,949,000 low | high Med: $575,000 On site: 121 low | high Med: 1 | |
Market Activity 07306
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Learn More About This Property
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07306 |
| Area | JC | Heights |
| Subarea | JC | Heights |
| Community Name | Heights |
| Listing VS Median (in Heights) | |
Price: $1,949,000 low | high Med: $575,000 On site: 121 low | high Med: 1 | |
