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Off market
  • Tax assessed value
    $920,000

    292 Grand St, Jersey City, NJ 07302

    4beds
    0baths
    1,750Square Feet
    VacantLand
    Built in ----
    1,750 Square Feet Lot
    $-- Zestimate®
    $497/sqft
    $4,032 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,032/mo

    Zestimate® history
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    What's special

    FOR SALE BY OWNER; WILL PAY BROKER'S FEE TO BUYER'S BROKER (WITH LICENSE) Prime Location in the heart of downtown Jersey City. 5 minute walk from GROVE ST PATH and JERSEY AVE LIGHT RAIL. 5 minute drive to Holland Tunnel. Lots of bars, restaurants, shops and conveniences in walking distance. Rare vacant lot for mixed use - build a new 7,000 sq ft building with 4 stories and 4 units as of right; THERE ARE NO VARIANCES REQUIRED. Build all 4 units residential or 3 residential and one commercial unit on the ground floor (bars, restaurants, offices, retail stores all permitted). Lot Size: 1750 ft; 100% building and lot coverage permitted. 100% of the vacant lot can be covered as of right!!! Double Frontage: Property faces both Grand St and Bright St. Although parking is not required, there is curb cut on Bright St Side. Contact Rob Patel at sellingland@yahoo.com or 201-333-9399. Also ask about our other vacant lot for sale just down the street. COMPLETE LAND USE REGULATIONS FOR THIS VACANT LOT PASTED BELOW: Zone 1: Triangle Development District The purpose of this district is to provide for rehabilitation or new construction on a triangular shaped block which introduces unique development obstacles as every lot is a unique size and shape with multiple street frontages. 1. Principal Permitted Uses a. Retail sales of goods and services on the first floor fronting Grand Street. b. Offices on the first floor. c. Financial institutions without drive-thru facilities on the first floor. d. Restaurants on the first floor. e. Residential, except for lot C. f. Bars on the first floor. g. Art galleries. h. Appropriate mixes of the above. 2. Uses incidental and accessory to the principal use, including: a. Signs fronting Grand Street. 3. Bulk and Density Standards a. Minimum lot size: all existing lots at the time of adoption are conforming and shall not be reduced in size. b. Minimum lot width: all existing lots at the time of adoption are conforming and shall not be reduced in size. c. Minimum lot depth: all existing lots at the time of adoption are conforming and shall not be reduced in size. d. Front and rear yard setbacks: zero. Portions of a building façade may be set back up to 4 feet for entryways. e. Required side yard setback: zero. f. Maximum building height: 4 stories and 42 feet, provided that where a property is located within the 100 year Flood Plain, the number of feet required to reach the base flood elevation plus one shall be added to the maximum permitted height of the building g. Maximum building coverage: 100% h. Maximum lot coverage: 100% i. Maximum residential density: 90 dwelling units per acre j. Parking requirement: none. 4. Design Standards: a. All buildings with a commercial first floor must include a cornice element above the first floor. Commercial first floors must be 12 feet floor to ceiling, and include at least 70% glazing which must begin at no more than 18 inches above the sidewalk level. b. All security gates must be inside any glass windows. c. Due to the narrow sidewalk along Grand Street, existing structures or enclosed front yard areas must be removed from the public right-of-way so as to provide as wide a sidewalk as possible. Entryways must be at grade or inset into the building so that all new stairs and ramps are provided on the property. Franchise agreements and ordinances are not permitted along Grand Street. d. All through-lots must front on both streets with entryways on both sides of the building. Commercial uses are required to have its primary front on Grand street. e. Due to the through lot condition which does not allow for a year yard, buildings are required to include a roof top deck for occupants’ recreation. Decks must be set back from the front and rear façade by 5 feet so as to be safe and not visible from public rights-of-way

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 1,850 sqft

    Property

    Parking
    • Parking features: Garage - Attached, Garage - Detached
    Features
    • Exterior features: Wood
    • Frontage length: 25 ft
    Lot
    • Size: 1,750 Square Feet
    Details
    • Parcel number: 0614105000000003
    • Zoning: 1

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Price per square foot: $497/sqft
    • Tax assessed value: $920,000
    • Annual tax amount: $20,544

    Price history

    DateEventPrice
    1/6/2022Sold$1,125,000-4.3%$608/sqft
    Source: Public Record Report a problem
    6/20/2021Listing removed--
    Source: Owner Report a problem
    3/17/2021Price change$1,175,000-9.6%$635/sqft
    Source: Owner Report a problem
    3/11/2021Price change$1,300,000-10.3%$703/sqft
    Source: Owner Report a problem
    1/11/2021Listed for sale$1,450,000+16%$784/sqft
    Source: Owner Report a problem
    7/1/2020Listing removed$1,250,000$676/sqft
    Source: BLVD REALTY GROUP #202001663 Report a problem
    5/2/2020Price change$1,250,000-28.6%$676/sqft
    Source: BLVD REALTY GROUP #202001663 Report a problem
    11/13/2019Listed for sale$1,750,000+105.9%$946/sqft
    Source: Owner Report a problem
    7/13/2015Sold$850,000+900%$459/sqft
    Source: Public Record Report a problem
    4/22/2015Sold$85,000-91.5%$46/sqft
    Source: Public Record Report a problem
    12/10/2014Sold$995,000+32.7%$538/sqft
    Source: Agent Provided Report a problem
    11/5/2014Listed for sale$750,000$405/sqft
    Source: Weichert Realtors Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,544 $920,000
    2024$20,544 -0.6%$920,000
    2023$20,672 +40.1%$920,000
    2022$14,757 $920,000
    2021$14,757 +47.1%$920,000
    2020$10,030 -7.7%$920,000 +41.3%
    2019$10,862 +28.9%$651,300 -10.8%
    2018$8,424 +1.3%$730,000 +575.9%
    2017$8,317 +6.2%$108,000
    2016$7,831 +4%$108,000
    2015$7,529 -0.5%$108,000
    2014$7,563 +4.2%$108,000
    2013$7,259 +2.7%$108,000
    2012$7,069 +1.6%$108,000
    2011$6,955 +16.3%$108,000
    2010$5,981 +8.8%$108,000
    2009$5,496 $108,000
    2008-- $108,000
    2007-- $108,000
    2006-- $108,000
    2005-- $108,000
    2004-- $108,000
    2003-- $108,000
    2002-- $108,000
    2001-- $108,000
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating