Description
ATTENTION BUILDERS & INVESTORS - CASH OR HARD MONEY ONLY - GUTTED JSQ PROPERTY WITH APPROVED PLANS. 178 Tonnele Avenue presents a rare, high upside value add opportunity in the heart of Journal Square. This property has been gutted and is completely ready for a full renovation, packaged with fully approved plans for a luxury single family residence. Located moments from the PATH station in one of Jersey City's fastest growing redevelopment zones, this project allows the next owner to bypass the design phase and focus entirely on execution and value creation. This is a strict AS-IS sale requiring cash or hard money financing only. All buyers must perform their own due diligence to independently verify all plans, permits, construction costs and zoning requirements with municipal departments.The included, approved plans feature a massive 5-bedroom, 3.5-bathroom residence designed for maximum market value. The layout boasts an expansive open concept living area, a finished basement, a luxury primary suite and a private roof deck. In a market with soaring demand for larger homes with outdoor space, finding a pre-designed five-bedroom footprint near direct Manhattan transit is highly uncommon. Perfect for builders, investors, or experienced developers, this property offers a turnkey vision in a premier, high-growth neighborhood.
Details
| MLS # | NJHD2000442 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1889 |
| Days On Site | 85 |
| Listing Provided By | EXP Realty, LLC | Timothy Christopher Crew |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,296 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R-1 |
| Acreage | 0.04 |
Interior
| Cooling | None |
|---|---|
| Heating | None |
Exterior
| Construction Materials | Brick |
|---|---|
| Foundation Details | Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 7409 |
|---|
Area Information
| State | NJ |
|---|---|
| County | HUDSON NJ |
| City | JERSEY CITY |
| Zip Code | 07306 |
| Area | Jersey City City (20906) |
| Community Name | NONE AVAILABLE |
| School District | JERSEY CITY SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $499,000 low | high Med: $359,900 sqft: 1,296 low | high Med: 1,350 $ / sqft: $385 low | high Med: $267 On site: 85 low | high Med: 308 | |
Market Activity 07306
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Learn More About This Property
| State | NJ |
|---|---|
| County | HUDSON NJ |
| City | JERSEY CITY |
| Zip Code | 07306 |
| Area | Jersey City City (20906) |
| Community Name | NONE AVAILABLE |
| School District | JERSEY CITY SCHOOLS |
| Listing VS Median (in NONE AVAILABLE) | |
Price: $499,000 low | high Med: $359,900 sqft: 1,296 low | high Med: 1,350 $ / sqft: $385 low | high Med: $267 On site: 85 low | high Med: 308 | |