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Investment Highlights

  • This is a very versatile building with many uses.
  • Pre School and Daycare, offices, wellness services or any uses will enjoy a park-like side yard.
  • Quiet setting good proximity to bus transit, walk to light rail, & NJTP.

Executive Summary

This sale consists of a 3 story building which was originally constructed in 1921 to be a temple for worship. The brick structure is supported by steel to allow for a clear floor spanning the top floor and generous sized rooms throughout. There are 2 drain lines to restrooms, tall ceilings and a partial basement of approximately 1,000sf. The lot size is 100 X100' and zoning is R1. R1 residential 1 & 2 family dwellings. Status is legal non-conforming. R1 permitted commercial uses are:
Houses of worship, Essential services (subject to determination), Governmental offices. Schools. Daycare. Neighborhood services. Conversion to a residential project is subject to approvals by the municipality. Seller makes no representations on development or teardown. The building does not have a functioning furnace and needs extensive renovation. Please text or call the listing agent for a tour. Sellers are not accepting financed offers, only cash offers will be considered.

Property Facts

Price $1,702,700 CAD
Price Per SF $257.98 CAD
Sale Type Investment or Owner User
Sale Condition Building in Shell Condition
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Lodge Meeting Hall
  • Specialty Schools
Building Class C
Lot Size 0.23 AC
Building Size 6,600 SF
No. Stories 3
Year Built 1921
Tenancy Single
Parking Ratio 0.22/1,000 SF
Zoning R1 - R1 residential 1 & 2 family dwellings. See OM
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
06-26501-0000-00063
Land Assessment
$226,050 CAD
Improvements Assessment
$3,572,549 CAD
Total Assessment
$3,798,599 CAD
  • Listing ID: 26528508

  • Date on Market: 2022-08-31

  • Last Updated:

  • Address: 126 Rutgers Ave, Jersey City, NJ 07305

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