400 7th St, Jersey City

$7,500,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

400 7th Street is an approved 62 unit 8 story building with super-efficient layouts, plus a 9th floor amenity space that can be utilized for a gym or a club house. The ability to drive $/sqft on this project while still meeting an universal price point that is acceptable to the masses is one of the many selling features of this property. The property is located in the village section of downtown Jersey City with easy access to shopping, parks, restaurants and transportation. The current breakdown of units - ELEVEN studios, TWENTY THREE one bedroom and TWENTY EIGHT two bedroom totaling 57k sqft buildable and 41k sellable. However, the NC zone offers may options of flexibility for design. This project can be built smaller and cheaper, meaning someone can choose do a 5 story project ~ 38 Units or the developer choose to do just 7 units a floor. Many options that I am happy to walk through.

Essential Information
MLS® #210003758
Price$7,500,000
Bathrooms0.00
Acres0.00
TypeLand
Sub-TypeVacant Land
StatusACTIVE
Community Information
Address400 7th St
AreaJC Downtown
CityJersey City
CountyHudson
StateNJ
Zip Code07302
Exterior
Lot Description70X100
Additional Information
Date ListedFebruary 15th, 2021
Days on Market18
ZoningNC
LISTING MAP

COLDWELL BANKER RESIDENTIAL BROKERAGE (201) 798-3300

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Listing information last updated on March 5th, 2021 at 2:03pm CST.

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