178 Tonnele, Jersey City, NJ 07306

$550,000
3
BD
2
BA
1,296
SqFt

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List Price
$550,000
Days on Market
5
Status
ACTIVE
MLS#
NJHD2000442
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,296
Lot Size (Acres)
0.04
Style
Colonial
Year Built
1889
County
Hudson
School District
Jersey City Schools

Property Description

ATTENTION BUILDERS & INVESTORS – CASH OR HARD MONEY ONLY - GUTTED JSQ PROPERTY WITH APPROVED PLANS. 178 Tonnele Avenue presents a rare, high upside value add opportunity in the heart of Journal Square. This property has been gutted and is completely ready for a full renovation, packaged with fully approved plans for a luxury single family residence. Located moments from the PATH station in one of Jersey City’s fastest growing redevelopment zones, this project allows the next owner to bypass the design phase and focus entirely on execution and value creation. This is a strict AS-IS sale requiring cash or hard money financing only. All buyers must perform their own due diligence to independently verify all plans, permits, construction costs and zoning requirements with municipal departments. The included, approved plans feature a massive 5-bedroom, 3.5-bathroom residence designed for maximum market value. The layout boasts an expansive open concept living area, a finished basement, a luxury primary suite and a private roof deck. In a market with soaring demand for larger homes with outdoor space, finding a pre-designed five-bedroom footprint near direct Manhattan transit is highly uncommon. Perfect for builders, investors, or experienced developers, this property offers a turnkey vision in a premier, high-growth neighborhood.

Additional Information

Area
Jersey City City (20906)
Subdivision
None Available
Taxes
$7409
School District
Jersey City Schools
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: nj.broker@exprealty.net