This approximately 20,000 SF portfolio comprises seven lots located in the Bergen-Lafayette section of Jersey City, within the Morris Canal Redevelopment Plan. The site permits up to five stories as-of-right, with the potential to develop up to seven stories by incorporating an affordable housing component. This offering presents an ideal development opportunity, allowing an investor to generate income in the near term while planning for future development. Seller financing available!
- Car Dealership (709-711 Grand St)
- Mixed-use building (701-703 Grand St):
3-bed, 2-bath apartment
Fusion Cafe w/kitchen
Locksmith
- Parking Lot (701 Grand St)
- Auto Repair Shop (1097 Garfield Ave) w/paint booth. Previously an auto body shop. Auto Body license can be obtained.
- Car lot (14-6 Summit Ave)
Collective Square Footage
19,850 sf - IRR