BEDS6
BATHS3 full
MLS#4020308
STATUS
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
Basement: Finished-Partially
Basement: Yes
Cooling: 2 Units, Wall A/C Unit(s)
Fuel Type: Gas-Natural
Heating: 2 Units
Lot Size: 0.05 Acres
Roof Type: Asphalt Shingle
Taxes: $5,842
Year Built: 1925
Feature Descriptions
Days on Site: 4
Exterior: Brick
Lot Dimensions: 0.05 acre(s)
Parking Notes: On-Street Parking, See Remarks
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Local Schools
High School: SNYDER
Listed By / Shown By
Listed By
Agency Name: RE/MAX PROFESSIONALS I
Agency Contact: 973-450-4000
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,878.20 per month $2,114.29 Principal & Interest $486.83 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
133 Mallory Ave | MLS# 4020308
This multi-family property located at 133 Mallory Ave, Jersey, NJ 07304 is currently listed for sale with an asking price of $950,000. Search Jersey real estate on www.realtymark.net today.