Attention builders and investors a compelling mixed-use development opportunity in Jersey City's West Side - WESO (WEST SIDE SOUTH OF COMMUNIPAW) neighborhood.133 Mallory Avenue is a 25x90 lot zoned RC-1 (Residential Commercial District), one of the few zones in Jersey City that permits ground floor commercial as-of-right. This is not… Read More a straight residential play this is a mixed-use site. By-right, the lot supports a 3- to 4-story building with ground floor retail or commercial space and up to 3 residential units above. Elect into Jersey City's Affordable Housing Overlay for maximum density build to the full building envelope with a one-time trust fund contribution in lieu of any on-site affordable unit requirement. 25x90 lot 2,250 sq ft RC-1 zoning 34 stories permitted Ground floor commercial permitted as-of-right Mixed-use: retail/commercial + residential above AHO available to unlock additional density Currently occupied sold for land value Few lots in WESO offer this kind of flexibility. RC-1 is a builder's zone bring your vision. Call today. Read Less
Courtesy of RE/MAX PROFESSIONALS I.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
6
Lot Size
0.05 Acres
Year Built
1925
MLS Number
4020308
30 Days Snapshot Of 07304
$230k
-36%
(avg) sold price
1
-66%
home sold
265
+60%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished-Partially, Yes
Building
Built in 1925
Cooling
2 Units, Wall A/C Unit(s)
Exterior Features
Brick
Garage
On-Street Parking, See Remarks
Water Features
Public Water
Heating
Gas-Natural, 2 Units
Lot
Approximate Lot Size: 25X90, 0.05 acres
Parking
See Remarks
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $5,842, Tax Rate: 2.335
Unit One
2 bedrooms, 4 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, See Remarks
Utilities
Gas-Natural
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