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 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 3"4 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.
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Zillow last checked:
Listing updated:
Listed by:
Christopher Stead973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4020308
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Heating
2 Units, Natural Gas
Cooling
2 Units, Wall Unit(s)
Appliances
Included: Range/Oven - Gas, Refrigerator, See Remarks
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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