$3,950,000
272-280 BALDWIN AVE Jc Journal Square, NJ 07306
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$3,950,000
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Active
272-280 BALDWIN AVE Jc Journal Square, NJ 07306
UPDATED:
06/13/2024 10:57 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240011427
Lot Dimensions 11500
Property Description
A rarely available development opportunity in Prime Journal Square, 272-280 Baldwin Avenue consists of four vacant, approximately 22.5x100 lots and one 25x100 lot improved with a 3-story commercial building totaling approximately 11,500 SF. As of Right, 3-story, two family construction is permitted on each. 2-Family new constructions are cost efficient to developer and yield high sell outs in today?s market, especially with this super-prime location (2 blocks from the Journal Square Path Station.) This corner property sits directly across from the historic William J Brennan Courthouse, and the future location of the proposed ?Courthouse Park?. This is a great opportunity to build 4 or 5 new buildings and 10 new condos (if desired). Sellers are NJ licensed real estate brokers. Property sold strictly As-Is.
Location
State NJ
County Hudson
Area Jc Journal Square
Listed by DEL FORNO REAL ESTATE LLC
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