17-19 Berkley Place Jc, Journal Square, NJ 07306
Journal Square NeighborhoodEstimated payment $17,213/month
About This Lot
Exciting development opportunity to construct a 12-unit residential building near Journal Square, just one block from the vibrant Newark Avenue (Indian Street). This prime location offers excellent accessibility and is surrounded by a thriving community. All plans have been fully approved, and the project is shovel-ready, allowing for immediate construction. Ideal for investors/developers looking for a seamless process, and 1031 exchanges are welcome. Lot size around 5000 sq.ft. and Total Square footage (Main and ADU including basement ) around 11,140 sq.ft. Don’t miss out on this rare chance to build in a highly sought-after area!
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,700
Lot Details
- 5,000 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 3 / 7808
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,700 | $692,400 | $692,400 | $0 |
| 2023 | $12,700 | $565,200 | $325,000 | $240,200 |
| 2022 | $11,971 | $565,200 | $325,000 | $240,200 |
| 2021 | $9,066 | $565,200 | $325,000 | $240,200 |
| 2020 | $9,100 | $565,200 | $325,000 | $240,200 |
| 2019 | $8,704 | $565,200 | $325,000 | $240,200 |
| 2018 | $1,562 | $565,200 | $325,000 | $240,200 |
| 2017 | $8,190 | $105,000 | $25,000 | $80,000 |
| 2016 | $8,086 | $105,000 | $25,000 | $80,000 |
| 2015 | $7,606 | $105,000 | $25,000 | $80,000 |
| 2014 | $7,556 | $105,000 | $25,000 | $80,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2025 03/22/25 | For Sale | $29,000,000 | +2130.8% | -- |
| 03/25/2022 03/25/22 | Sold | $1,300,000 | -13.3% | -- |
| 12/10/2021 12/10/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $1,499,000 | 0.0% | -- |
| 10/06/2021 10/06/21 | Pending | -- | -- | -- |
| 07/21/2021 07/21/21 | For Sale | $1,499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,300,000 | Stewart Title | |
| Deed | $62,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $812,500 | New Conventional |
Source: Hudson County MLS
MLS Number: 250005502
APN: 06-07808-0000-00003
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Information is deemed reliable but not guaranteed.
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