First time offered for sale -- Prime Development Site in Historic Downtown Jersey City, NJ. 85 Montgomery Street, Jersey City, NJ
According to our preliminary calculations and understanding, the maximum buildable area is approximately 45,500 sf. and the maximum, as of right, approved unit count is 26. The breakdown is 24 residential units ranging from 800 sf to 1,050 sf plus 2 retail units. Alternatively, you may build 26 residential units with 2 residential units on the ground floor.
Site is situated across the street from Mack Cali's 60-story new residential development.
New residential development in the area is selling north of $1,200 psf.
For additional information and pricing please contact:
Alfred Rosu
Licensed Real Estate Broker NY/NJ
Corporate Real Estate Solutions
917-502-2800