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Property profile

12-16 Harmon St JC Jersey City, NJ 07304

OFF-MARKET
Residential land & home lots
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Property summary

AI-generated overview

12-16 Harmon Street, Jersey City, NJ -- Approved Plans | 13-Unit Residential Development Opportunity. Exceptional development opportunity in Jersey City! 12-16 Harmon Street is being offered with approved plans for a 13-unit residential development, providing an attractive opportunity for developers, investors, and builders seeking a substantial multi-family project. The approved unit mix includes 10 one-bedroom apartments, 2 two-bedroom apartments, and 1 three-bedroom apartment affordable, offering a well-balanced combination of unit sizes designed to appeal to a broad range of potential residents. The proposed development presents an opportunity to create a modern multi-family residential property with a diverse unit mix and strong rental-market potential. The approved plans provide a significant head start for a developer looking to move forward with a planned residential project while allowing the future owner to capitalize on Jersey City's established demand for housing. Located just minutes from the Hudson-Bergen Light Rail for seamless Manhattan access, vibrant local parks, and a rapidly growing retail/dining district. Do not miss this high-yield addition to your portfolio

Property profile

Verified
Property type Residential land & home lots

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12-16 Harmon St, Unit JC Jersey City, NJ 07304
Jersey City metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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