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Property profile & analytics
OFF-MARKET
Commercial real estate

369-371 Whiton St Jersey City, NJ 07304

1 SF
Property ID
US59-1275743
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a fully approved plan for a six-story, 20-unit apartment building at 369-371 Whiton Street in Jersey City, NJ. Situated on a 4,000 square foot lot, this prime location offers a terrific Jersey City address perfect for a luxury condo project. The proposed design includes a mix of one-bedroom, one-bedroom-plus-flex-space, and two-bedroom units, catering to a diverse range of residents. The building's first floor will feature a welcoming lobby and a modern fitness space, enhancing the resident experience. Adding to the appeal, the property boasts a front yard and a thoughtfully designed extensive green rooftop, providing both aesthetic value and outdoor amenity space. The permitted residential zoning ensures a straightforward development process. With its full approvals in place, this project offers a streamlined path to completion, making it an exceptional investment opportunity in a thriving Jersey City market. The asking price is $1,800,000. This is a rare chance to capitalize on the high demand for luxury living in this desirable location.

Property profile
Verified
Property type Commercial real estate
Total area 1 SF
UPID US59-1275743
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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