238-240 14Th St Jersey City, NJ $ 1,699,000
238-240 14Th St
$ 1,699,000
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238-240 14Th St

Jersey City, NJ, 07310
$ 1,699,000
Baths0.0

Monthly Estimate*

$ 11,868

238-240 14Th St, Jersey City, NJ 07310 - Image 1
238-240 14Th St, Jersey City, NJ 07310 - Image 2
238-240 14Th St, Jersey City, NJ 07310 - Image 3
Studio

Multi-Family Home for sale in Jersey City, NJ

for $1,699,000.

Prime real estate opportunity outside the Holland Tunnel in Jersey City! Welcome to a unique and strategically located property that combines commercial potential with maximum visibility – presenting a 50x60 lot size situated just outside the bustling Holland Tunnel in Jersey City. With 100,000+ vehicles passing through it every day, the Holland Tunnel is one of the busiest automotive tunnels in the world! Key Features: Lot Size: 50x60 - Offering a versatile canvas for endless possibilities High Visibility: Positioned for maximum exposure to the continuous stream of car traffic entering and exiting the Holland Tunnel, this property boasts an unparalleled advertising advantage. Commercial Assets: The property is currently home to a billboard and a diner, creating an immediate revenue stream and opportunities for further development. Strategic Location: Enjoy easy access to all major transportation routes, making it convenient for both customers and commuters. The Holland Tunnel provides a direct link to Manhattan, ensuring a steady flow of traffic throughout the day. Investment Highlights: Billboard Revenue: Leverage the existing billboard to generate steady advertising income, capitalizing on the high traffic volume passing through the area. Diner Potential: With a diner already on-site, there's an opportunity to cater to the needs of commuters, locals, and tourists alike. Explore options for renovation, rebranding, or potential collaboration with popular food chains. Transportation Access: Holland Tunnel: Direct access to Manhattan, facilitating seamless commuting for a diverse audience. Proximity to Major Highways: The property's location ensures easy connections to major highways, optimizing accessibility for a wide range of visitors. Development Opportunities: Expand or Reimagine: With the generous lot size, there's room for expansion or reimagining the property to meet the demands of the growing Jersey City market. Adaptive Reuse: Explore adaptive reuse possibilities for the existing structures to enhance their functionality and appeal. This is a rare chance to acquire a property that not only provides immediate income but also holds tremendous potential for future growth.

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Multi-Family Active

Price

$ 1,699,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,438

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

240007153

Features
General
Status Active ACTIVE
Stories 1
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Section Downtown
Area JC Downtown
City JC Downtown
Taxes 17438
Street Name 14TH ST
DOM 16
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Exterior
Lot Dimensions 50X60
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* Excluded Features
List By
Del Forno Real Estate Llc

Broker

(201) 432-7000

Phone

Affordability Calculator

$13,321
Per Month
89%
11%
0%
Monthly Principal & Interest
$11,868
Monthly Property Taxes
$1,453
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$1,699,000 Listed Price

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238-240 14Th St, Jersey City, NJ, 07310 is a Multi-Family Home for sale at $1,699,000. 238-240 14Th St is a studio with 0.0 baths. The property's zip code is 07310 which is in Jersey City, NJ