$1,775,000

Rare Jersey City redevelopment opportunity in the Beacon Redevelopment Plan area. Existing 3-story office/commercial building offering strong potential for adaptive reuse, residential conversion, apartment/condo development, medical, office, commercial, or mixed-use possibilities. Per Jersey City Zoning Determination Letter, property may be converted to permitted principal uses in the plan, including residential, commercial, schools, and medical offices. ZDL further notes no listed density maximum or unit maximum, with unit count regulated by building code and existing building envelope. Buildings outside the Medical Complex may be 6 stories/65 feet, subject to required approvals. Vertical additions require Planning Board approval and Historic Preservation staff review. Fa ade work also requires Historic Preservation staff review. Buyer responsible for all due diligence, zoning confirmation, approvals, permits, parking, construction feasibility, environmental review, and legal review. Excellent opportunity for developers/investors seeking a Jersey City value-add or redevelopment play. Property sold strictly As-Is.