Jersey City, NJ Land for Sale | Jersey City Downtown Rare Mixed Used Vacant Lot - 5 minute walk to Grove St PATH to NYC | LotNetwork.com

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Jersey City Downtown Rare Mixed Used Vacant Lot - 5 minute walk to Grove St PATH to NYC

0.04 ACRES
$1,175,000
292 GRAND ST
JERSEY CITY, NJ 07302
HUDSON COUNTY
Seller Motivated

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LOTNETWORK ID:
7011704
STATUS:
Active
PROPERTY TYPE:
Lot
TRANSACTION TYPE:
For Sale
  • PRIME DOWNTOWN JERSEY CITY LOCATION
  • Build up to 7,000 sq ft with no variances
  • Residential and commercial permitted
  • 5 minutes to PATH train, Light Rail, and Holland Tunnel
FOR SALE BY OWNER; WILL PAY BROKER'S FEE TO BUYER'S BROKER (WITH LICENSE)

Prime Location in the heart of downtown Jersey City. 5 minute walk from GROVE ST PATH and JERSEY AVE LIGHT RAIL. 5 minute drive to Holland Tunnel. Lots of bars, restaurants, shops and conveniences in walking distance.

Rare vacant lot for mixed use - build a new 7,000 sq ft building with 4 stories and 4 units as of right; THERE ARE NO VARIANCES REQUIRED.

Build all 4 units residential or 3 residential and one commercial unit on the ground floor (bars, restaurants, offices, retail stores all permitted).

Lot Size: 1750 ft or .0402 acres; 100% building and lot coverage permitted. 100% of the vacant lot can be covered as of right!!!

Double Frontage: Property faces both Grand St and Bright St. Although parking is not required, there is curb cut on Bright St Side.

Contact Rob Patel at sellingland@yahoo.com or TEXT 201-333-9399. Also ask about our other vacant lot for sale just down the street.

COMPLETE LAND USE REGULATIONS FOR THIS VACANT LOT PASTED BELOW:
Zone 1: Triangle Development District
The purpose of this district is to provide for rehabilitation or new construction on a triangular shaped block which introduces unique development obstacles as every lot is a unique size and shape with multiple street frontages.
1. Principal Permitted Uses
a. Retail sales of goods and services on the first floor fronting Grand Street.
b. Offices on the first floor.
c. Financial institutions without drive-thru facilities on the first floor.
d. Restaurants on the first floor.
e. Residential, except for lot C.
f. Bars on the first floor.
g. Art galleries.
h. Appropriate mixes of the above.

2. Uses incidental and accessory to the principal use, including:
a. Signs fronting Grand Street.

3. Bulk and Density Standards
a. Minimum lot size: all existing lots at the time of adoption are conforming and shall not be reduced in size.
b. Minimum lot width: all existing lots at the time of adoption are conforming and shall not be reduced in size.
c. Minimum lot depth: all existing lots at the time of adoption are conforming and shall not be reduced in size.
d. Front and rear yard setbacks: zero. Portions of a building façade may be set back up to 4 feet for entryways.
e. Required side yard setback: zero.
f. Maximum building height: 4 stories and 42 feet, provided that where a property is located within the 100 year Flood Plain, the number of feet required to reach the base flood elevation plus one shall be added to the maximum permitted height of the building
g. Maximum building coverage: 100%
h. Maximum lot coverage: 100%
i. Maximum residential density: 90 dwelling units per acre
j. Parking requirement: none.

4. Design Standards:
a. All buildings with a commercial first floor must include a cornice element above the first floor. Commercial first floors must be 12 feet floor to ceiling, and include at least 70% glazing which must begin at no more than 18 inches above the sidewalk level.
b. All security gates must be inside any glass windows.
c. Due to the narrow sidewalk along Grand Street, existing structures or enclosed front yard areas must be removed from the public right-of-way so as to provide as wide a sidewalk as possible. Entryways must be at grade or inset into the building so that all new stairs and ramps are provided on the property. Franchise agreements and ordinances are not permitted along Grand Street.
d. All through-lots must front on both streets with entryways on both sides of the building. Commercial uses are required to have its primary front on Grand street.
e. Due to the through lot condition which does not allow for a year yard, buildings are required to include a roof top deck for occupants' recreation. Decks must be set back from the front and rear façade by 5 feet so as to be safe and not visible from public rights-of-way


DIRECTIONS

292 Grand St Jersey City NJ 07302
BUILDER BOX

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