420 CENTRAL AVE

Rarely Available Mixed Use Boutique Development Site For Sale on one of Jersey City’s most valuable retail and residential corridors. This 25 x 127 lot can be developed AS OF RIGHT to a 5 story, 12,500 Gross Buildable SQ FT project. There is in place income to cover holding costs while plans are devised. Condo prices are at around $600/SF for similar projects which would yield a sellout of approx. $5.6M. Can also be a great site for a retail end-user.