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    102 Wayne St Jersey City, NJ 07302

    For Sale
    $1,550,000

    Build Your Dream Home in JC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 25' x 100' lot presents a rare opportunity to build a custom home in the desirable downtown Jersey City area. Located at 102 Wayne Street, Jersey City, NJ 07302, this prime residential land parcel offers a fantastic location within Hudson County. The property is conveniently situated, providing easy access to local amenities, transportation options, and the vibrant Jersey City lifestyle. The dimensions of the lot provide ample space for a substantial residence, allowing for creative architectural designs and personalized living spaces. With its ideal location and generous size, this lot is perfect for those seeking to construct their dream home in a thriving urban setting. The asking price for this exceptional property is $1,550,000. This represents a significant investment opportunity in a highly sought-after area of Jersey City, offering the chance to create a unique and valuable property. Don't miss this chance to acquire this exceptional building lot in a dynamic and growing city. Serious inquiries only. The property is zoned for residential use.

    Property Features for 102 Wayne St

    General Information

    Property type
    Land

    HighLights

    • $1,550,000 asking price.
    • Residential land.
    • Located at 102 Wayne Street, Jersey City, NJ 07302.
    • 25' x 100' lot size.
    • Prime downtown Jersey City location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.046788515039
    Latitude
    40.719888839655

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home in JC
    Where is this land located?
    The property is located at 102 Wayne St Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: $1,550,000 asking price.; Residential land.; Located at 102 Wayne Street, Jersey City, NJ 07302.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Wayne St Jersey City, NJ 07302
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