BEDS6
BATHS3 full
MLS#26012581
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Attention builders and investors a compelling mixed-use development opportunity in Jersey City's West Side - WESO (WEST SIDE SOUTH OF COMMUNIPAW) neighborhood.133 Mallory Avenue is a 25x90 lot zoned RC-1 (Residential Commercial District), one of the few zones in Jersey City that permits ground floor commercial as-of-right. This is not a straight residential play this is a mixed-use site. By-right, the lot supports a 3- to 4-story building with ground floor retail or commercial space and up to 3 residential units above. Elect into Jersey City's Affordable Housing Overlay for maximum density build to the full building envelope with a one-time trust fund contribution in lieu of any on-site affordable unit requirement. 25x90 lot 2,250 sq ft RC-1 zoning 3"4 stories permitted Ground floor commercial permitted as-of-right Mixed-use: retail/commercial + residential above AHO available to unlock additional density Currently occupied sold for land value Few lots in WESO offer this kind of flexibility. RC-1 is a builder's zone bring your vision. Call today.
Property Features
Property Type: Multi Unit - Multiple
Taxes: $5,842
Feature Descriptions
Days on Site: 4
Laundry: See Remarks
Number of Rooms: 7
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat
Listed By / Shown By
Listing By
Agency Name: RE/MAX Professionals 1
Agency Phone: 973-450-4000
Shown By
Agent Name: Kevin Joyce, Lic. RE Broker, Owner
Agent Phone: Cell: (914) 393-0100
Agency Title: Joyce Realty
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Estimated Payment
$ 2,878.20 per month $2,114.29 Principal & Interest $486.83 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
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Source: New Jersey Multiple Listing Service, Inc.
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133 Mallory Avenue | MLS# 26012581
This multi-family property located at 133 Mallory Avenue, Jersey City, NJ 07304 is currently listed for sale with an asking price of $950,000. Search Jersey City real estate on kjoyce.joycerealty.com today.