Property Listing No Longer Available for Sale

711 Montgomery Street, Jersey City, NJ

Land for Sale - 1 acres


Property Info

CIMLS#455906
Location
  711 Montgomery Street
  Jersey City NJ 07306
UpdatedMay 15th, 2012
TypeLand
PriceUpon Request
Land1 acres

Property Description

Approximately 1 acre development site located in the hearth of McGinley Square Redevelopment Zone. The possibilities for this site are endless.

Suggested possible uses for this property are mixed-use project, a hotel, a movie theater, a range of housing types for various income brackets, education facilities and student housing for Saint Peters College. The site is across the street from the historic Armory.

The site was previously approved for a 5 story 86,149 SF condominium building. The approved plan included 41 one bedroom apartments, 17 two bedroom apartments, a 1,200 SF community room, a gym, 6,100 SF of retail space, and 70 surface parking spaces.

McGinley Square is located a little more than ½ mile south of the Journal Square Transportation Center, which is serviced by both the PATH line from Newark to Lower Manhattan and the PATH line from Journal Square to Mid-town Manhattan.

Jersey City is the second largest city in the state, boasting 245,000 residents and employing an estimated additional 250,000.


Financials