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Investment Highlights

  • Part of the southwest redevelopment plan.
  • Easy access in and out of town
  • Adjacent to a public park
  • Surrounded by new luxury developments

Executive Summary

Development opportunity in downtown HOBOKEN. 2 lots total. 1 zoned as commercial with 1 structure, the other is residential with 2 structures. Lot sizes are 25x74 (lot 00010) and 50x65 (lot 00008). Adjacent to a public park, easy access in and out of town, close to light rail, path, and surrounded by new luxury developments. Both lots sold together for $2,999,999.

Property Facts

Price $4,109,999 CAD
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 0.11 AC
No. Stories 2
Zoning commercial

2 Lots Available

Lot 1

Price $4,109,999 CAD
Price Per AC $102,749,966.11 CAD
Lot Size 0.04 AC

4A - Commercial 25 x 74 Lots are being sold together, totaling 0.11-acres. Sale price $2,999,999.00 is for BOTH lots.

Lot 2

Lot Size 0.07 AC

2 - Residential 50 x 65. Lots are being sold together, totaling 0.11-acres. Sale price $2,999,999.00 is for BOTH lots.

Description

Commercial development opportunity in downtown HOBOKEN. 2 lots in total. 1 zoned as commercial with 1 structure, the other is a 2 family home. Lot sizes are 25x74 (lot 00010) and 50x65 (lot 00008). Total square ft of 5,119.

Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
05-00012-0000-00010
Land Assessment
$234,800 CAD
Improvements Assessment
$258,005 CAD
Total Assessment
$492,806 CAD
  • Listing ID: 24764135

  • Date on Market: 2022-01-04

  • Last Updated:

  • Address: 61-65 Paterson Ave, Hoboken, NJ 07030

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