Address
** Elm St, Jersey City, NJ
Price
$ 6,000,000
Property Attributes
  • MLS#230011017
  • TypeLand
  • CountyHUDSON
  • CityJersey City
  • AreaJC - Heights
  • Zip07306
  • Style1-2 fam-res
  • Taxes$ 13574
  • Price$ 6,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.6 Acres
Data Source:
Hudson County MLS (HCMLS)
Property Description

*Following lots in Block5403 must be sold together re: on Elm & Floyd Streets; Lots 1, 2, 3, 4, 5. and Lots 24, 25, 26 and 27. Floyd and Elm Street Lots are contiguous. Developers/Investors! Rare opportunity=9 vacant lots in The Heights section appr.1 mile to Journal Square Path. Must be sold together. Currently zoned in 1-2 residential. Sewer utilities located in both Floyd & Elm Streets. JCMUA water and sewer line maps attached to the mls. (Topographical Survey uploaded to mls) Total lot size is approximately 26,364 sq.ft. or .605 acre. Completed 963page Environmental Study/Phase 1 (avail upon request) While an excerpt of Phase 1 is uploaded to mls. Bd. of Adj. application anticipated for variance to allow multi-unit building. Final variance approval is the responsibility of the Buyer. Additional to current description of land.....PRICE REDUCTION is based on drawings that provide proposal for 79 units requiring 1 height variance for 9 lots. Possible for more units but requires more variances and construction costs. In addition, lot 15 may be purchased but at an additional cost per negotiations. Drawings for 79 units are attached. Please note that the drawings provided show the entry is on Floyd St. Photos provided show different perspectives with and without foliage Absolutely, No access to vacant lots permitted from either Liberty or Floyd Avenues. Absolutely no showings/access to vacant lots from Elm Street without confirmed appointment. Perspective buyers may NOT view vacant lots without written permission and may not enter owners property without an appointment confirmed in writing. Trespassers will be prosecuted.

Price History
7/3/2023 Listed $8,600,000
10/20/2023 19% - $7,000,000
3/28/2024 15% - $6,000,000

General Features

Number of Lots 9
Zoning 1-2 fam-res
Status Active
County Hudson
Class VACANT LAND
Type Vacant Land
Block 5403
Section Heights
Tax Year 2023
Associated Document Count 8
Status ACTIVE
Sale/Rent For Sale
Bank Owned Y/N No
Short Sale (Y/N) No
Lot Sqft 26504
Area JC,Heights
City JC,Heights
Taxes 13574
Street Name ELM ST
DOM 290

Exterior Features

Lot Size Area 0.6
Lot Dimensions varied
Lot 23,etc*

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 07306

Price
AVG $2.4M
$6M
Taxes
AVG $10,101
$13,574
Visits
AVG 106
318
Data Provided by Inside Real Estate®
Walkscore
AVG 86
89
Data Provided by Walkscore® not using MLS data