493 Newark ave - 493 Newark Ave, Jersey City Lot • Terrain commercial • 0,05 Acres • 5 126 025 $ CAD • Jersey City, NJ 07306

1. Fully Approved — Appeal Period Expired Full site plan approval has been obtained and the appeal period has passed. A buyer steps in with zero entitlement risk, no Planning Board exposure, and a clear path straight to construction permitting. 2. 100% Market Rate — No Affordable Component In a market where the new administration is actively pushing affordable housing mandates, this project is grandfathered as entirely market rate. That is a rare and increasingly irreplaceable attribute in Jersey City's core development corridors. 3. Record-Setting PPSF Potential Perched on the Palisades with unobstructed views over Downtown Jersey City, the project is positioned to achieve top-of-market pricing. The comparable at 387 Eighth Street — designed by the same architect — is achieving approximately $980 PSF in active sales. 4. 285'+ of Frontage Across Two Avenues The site spans Newark Ave and Pavonia Ave delivering near 360° views and a commanding streetscape presence — a physical attribute that simply cannot be engineered into most development sites. 5. Project Includes Construction Drawings The sale includes a full set of construction drawings, meaning a buyer can move directly into the permitting and contractor bidding process without absorbing the time and cost of design development. 6. Total Size Buildable: 19,122 Net SF | 27,000 Gross SF | Units: 20 Units  (5) 3 Bed, 2 Bath (1,393 SF - 1,515 SF) (5) 2 Bed , 2 Bath | 901 SF - 1,108 SF (5) 1 Bed, 1 Bath | 742 SF - 781 SF (4) Studio | 530 SF (1) Retail : 678 SF