160 Fulton AveJersey City, NJ 07305

Attention builders investors and owner occupants here s your chance to secure a prime opportunity in jersey city s growing geso neighborhood located at 160 fulton ave this 25x100 r 1 zoned property offers excellent upside and redevelopment potential while also serving as a great starter 2 family home with future development possibilities as of right development allows for a 3 story 2 family residence plus a detached accessory dwelling unit adu in the rear creating the potential for 3 total income producing units with a relatively straightforward approval process for developers looking to maximize density jersey city s affordable housing overlay aho may allow the construction of up to 4 units in the principal structure plus the rear adu totaling 5 units in exchange for a one time affordable housing trust fund contribution no on site affordable units required property highlights include 25x100 lot 2 500 sq ft r 1 zoning existing 2 family home with future upside potential for up to 5 total units with aho election up to 3 stories 35 ft height allowance no off street parking requirement no variance required for standard redevelopment scenario excellent opportunity for rental income condo sellout or long term hold conveniently located near shopping schools parks major transportation routes and growing redevelopment throughout jersey city s geso section this property presents strong long term value for both investors and homeowners alike buyer is responsible for conducting their own independent due diligence with jersey city zoning planning and building departments regarding permitted uses approvals density affordable housing overlay participation and all development potential development opportunities with this level of flexibility are becoming increasingly difficult to find in jersey city don t miss your chance to capitalize on the area s continued growth call today for more information