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219 Bartholdi Ave

Jersey City NJ 07305

2
1
Single-Family
Currently for sale - view listing

Overview

RARE TWO-LOT DEVELOPMENT OPPORTUNITY IN JERSEY CITY! Exceptional opportunity to acquire two contiguous, separately deeded 25’ x 100’ properties offering approximately 50 feet of combined frontage and 5,000 square feet of total lot area in the West Bergen section of Jersey City. 217 Bartholdi Avenue and 219 Bartholdi Avenue are being offered together as a package for $999,000 ($499,500 each). The properties are currently identified within Jersey City’s R-1 Neighborhood Housing District, which permits one- and two-family residential uses, subject to applicable zoning requirements and municipal approvals. With each property consisting of an approximately 25’ x 100’ lot, this unique side-by-side offering may present an exciting opportunity for builders, developers and investors to explore the potential for separate residential development on each parcel, subject to Jersey City approval and buyer’s independent due diligence. The ability to acquire two adjoining, separately deeded lots provides flexibility for residential redevelopment, renovation or long-term investment in an established Jersey City neighborhood experiencing continued residential investment. PROPERTY HIGHLIGHTS * Two contiguous, separately deeded parcels — 217 & 219 Bartholdi Avenue * Approximately 25’ x 100’ each * Approximately 50’ combined frontage * Approximately 5,000 SF combined lot area * R-1 Neighborhood Housing District * One- and two-family residential uses permitted within R-1, subject to applicable requirements and approvals * Potential to explore separate development of each parcel * Offered together for $999,500 * $499,500 per property * Excellent opportunity for builders, developers and investors * Convenient West Bergen location with continued residential investment and redevelopment nearby STRICTLY AS-IS SALE. All development concepts and potential uses are subject to buyer’s independent verification, Jersey City zoning requirements and all required municipal approvals.

Features

2 bedrooms
1 bathroom
Single-Family

Property history for 219 Bartholdi Ave

2019
Rented
Undisclosed
15 Apr 2019 by ARMAGNO AGENCY INC
2018
Sold
$159,000
07 Nov 2018

Happy sellers in Jersey City

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Local market activity for 2 bedroom single-family properties in Jersey City

In the last 12 months, 6 two-bedroom single-family properties similar to 219 Bartholdi Ave, have been sold.

This represents a 20% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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