400 7TH ST,  Jersey City  (07302)

$7,500,000

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PROPERTY DETAILS

Address: view address
Jersey City, NJ 07302
Map Location
Year Built: 2000
Property Type:LandNeighborhood:Jc, Downtown
County:HudsonList Date:2021-02-15
Listing Number:210003758

PROPERTY DESCRIPTION

400 7th Street is an approved 62 unit 8 story building with super-efficient layouts, plus a 9th floor amenity space that can be utilized for a gym or a club house. The ability to drive $/sqft on this project while still meeting an universal price point that is acceptable to the masses is one of the many selling features of this property. The property is located in the village section of downtown Jersey City with easy access to shopping, parks, restaurants and transportation. The current breakdown of units - ELEVEN studios, TWENTY THREE one bedroom and TWENTY EIGHT two bedroom totaling 57k sqft buildable and 41k sellable. However, the NC zone offers may options of flexibility for design. This project can be built smaller and cheaper, meaning someone can choose do a 5 story project - 38 Units or the developer choose to do just 7 units a floor. Many options that I am happy to walk through.






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PHOTO GALLERY

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Listing courtesy of: JILL K BIGGS of COLDWELL BANKER RESIDENTIAL BROKERAGE (201-798-3300)