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405 Clendenny Ave - Jersey City development site - 405 Clendenny 1.88 Acres of Commercial Land in Jersey City, NJ 07304
Investment Highlights
- Waterfront views and trail
- Build 8 stories as of right
- Mid-rise multifamily development opportunity
- Near Lincoln Park
- Newly approved Light Rail station nearby
Executive Summary
Prime investment opportunity to redevelop 1.88 acres of land in the Waterfront Planned Development area of the Hackensack River Waterfront, near the Bayfront Redevelopment Project--slated to include up to 8,000 units, three new parks, and an approved light rail station Zoning encourages multiple uses, including multifamily development. As-of-right, you can build up to 8 stories, 273 units but with the inclusion of 15% affordable housing, you can build 450+ units, with ground-floor commercial and parking. Site permits 100% lot coverage with on-site parking.
Reach out to Kelly Bastidas for additional details:
M:551-556-3738
kelly@nynjcre.com
Reach out to Kelly Bastidas for additional details:
M:551-556-3738
kelly@nynjcre.com
Data Room Click Here to Access
Property Facts
1 Lot Available
Lot 1
| Lot Size | 1.88 AC |
| Lot Size | 1.88 AC |
Vacant land, almost two acres located on the Hackensack River Waterfront. Adjacent to Lincoln Park.
Description
Vacant land near retail shops, Lincoln Park, and the Hackensack River Waterfront.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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405 Clendenny Ave - Jersey City development site - 405 Clendenny
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