MLS® ID: 190002966
1-5 MARTIN LUTHER KING JR DR
JC, Greenville, New Jersey, 07305 $1,325,000
BUILD 6+ STORIES WITH OVER 9,500 SQFT CORNER LOT IN JACKSON HILL REDEVELOPMENT ZONING! This property sits on the corner of M.L.K Dr & McAdoo Ave, already has a curb cut out on McAdoo Ave, currently hosts a 1 story commercial building, and has tons of potential for a mid rise mixed use building with parking! Jackson Hill Redevelopment Plan states no "dwelling units per acre" maximium here, minimum bedroom size & unit size are dictated by Jersey City building code, high density can be achieved. Can be sold as package deal with 30-32 McAdoo Ave. Total package is ~14,000sqft in redevelopment, priced at 1,800,000 for everything.