598 Jersey Ave Jc, Downtown, NJ 07302
Downtown Jersey City NeighborhoodEstimated payment $16,188/month
About This Lot
Rare development opportunity in a prime Downtown Jersey City location! This 5,333 sq ft corner lot is 64 by 83.33 ft facing South and West. Nine units and four stories are granted by right in this zone that allows for 74 units per acre. The first floor has 100% lot coverage. Amazing location with Hamilton Park and the Newark Ave Pedestrian Plaza (restaurant row) just a few blocks in either direction. The Grove St path train is also just a few blocks away. Close to supermarkets, parks, restaurants, and coffee shops, an ideal setting for a new residential development. Sitting on the lot is a historic house of worship dating back to 1886.
Property Details
Property Type
- Land
Est. Annual Taxes
- $81,249
Lot Details
- Lot Dimensions are 64x83.33
- Property is zoned Harsimus Cove Historic
Listing and Financial Details
- Legal Lot and Block 00043 / 11205
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 | $81,249 | $2,500,000 | $1,450,000 | $1,050,000 |
| 2023 | $81,249 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2022 | $76,585 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2021 | $57,999 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2020 | $58,216 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2019 | $55,685 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2018 | $10,270 | $3,615,900 | $1,450,000 | $2,165,900 |
| 2017 | $53,836 | $690,200 | $166,700 | $523,500 |
| 2016 | $0 | $690,200 | $166,700 | $523,500 |
| 2015 | -- | $690,200 | $166,700 | $523,500 |
| 2014 | -- | $690,200 | $166,700 | $523,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Pending | -- | -- | -- |
| 08/01/2023 08/01/23 | For Sale | $2,500,000 | -- | -- |
Source: Hudson County MLS
MLS Number: 230012759
APN: 06-11205-0000-00043
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