Perfect opportunity to grab multi properties – Great for development in the highly desirable McGinley Square section of Jersey City. Sprawling redevelopment projects in the immediate area. McGinley Square is located south of Journal Square at the intersection of the city’s two major throughways, Montgomery St. and Bergen Avenue. The subject properties are located along Montgomery Street adjacent to the Jersey City Armory. The Montgomery St. Development Opportunity presents a unique opportunity for an investor to acquire up to 7 lots of prime real estate in an established and growing submarket. The portfolio has tremendous upside potential through the means of redevelopment into mixed use retail / multifamily while delivering an investor steady cash flow throughout the planning and approval phase of the redevelopment. Please see attached flyer of the deal overview and development guidelines we’ve received from the local municipality, feel free to contact Michael Cruz directly regarding any questions or offers.

Date Added: 6/4/22 at 4:00 am
Last Update: 8/17/22 at 9:40 pm

This listing is coming from Agent JEFFREY KIST at Office exp realty llc

Interior

  • BasementFull, Walk- Out
  • A/CA/ C Window, Baseboard, Electric, Gas
  • GeneralHardwood Floor, Wall to Wall Carpet
  • AppliancesDishwasher, Microwave, Refrigerator, Washer/ Dryer
  • HeatingA/ C Wall, Gas

Exterior

  • GeneralAluminum/ Vinyl, Brick
  • StyleContemporary, Split Level
  • ParkingNone

Financial

  • ExclusionsPersonal Property

Location

  • HOAYes
  • HOA AmenitiesBackyard

Lot

  • ZoningR1 Zone 1 and 2 family

Schools

  • DistrictJersey City School District
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