645 OCEAN AVE , JERSEY CITY - Bergen-Lafayett

For Sale | 4 Bedrooms | Bathrooms | Asking $ 550,000

Description

Incredible opportunity to own a large 4 bedroom 2.5 bath single family home with multiple car parking, a large backyard, 2 short blocks from The Hudson/ Bergen Light Rail Station, around the corner from the new Jersey City Municipal offices, a large shopping center with major grocery store, and many shops. This home was built from ground up in 1995 it provides a large backyard and a curb cut that allows for parking in front of the building. The building can be renovated to make a wonderful home. The property is in the Opportunity Zone, as well as the New Market Tax Credit Eligible Census Tract. The land permits as of right: 4 Units, consisting of three - 3 bedroom 2 bath units and a 4th unit as an ADU. This 3,057 sq', 26' x 118' & 25' x 126' lot is an ideal investment to be used as a single family today and if the opportunity is right in the future to convert to a 4 family residence. 1300 sq' condos accorss the street have sold for $624, 000, and there are many new construction buildings in the area with similar numbers. The potential to build 4 units and maximize your return could be scheduled for a later time, if not today. Delivered vacant.



Provided By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-333-7717

Listing Summary

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