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$ 2,150,000
Est. payment | /mo
6 Baths
$ 2,150,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260007251
Full Baths 6
Lot Dimensions 50x118
Property Sub-Type Investment
Property 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 parcel—ideal 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 progress—buyer 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 this—income + development—are extremely limited in Jersey City.
Location
State NJ
County Hudson
Area Jc Heights
Listed by SMART CHOICE REALTY LLC