30 Lincoln St, Jersey City, NJ 07307

Description

30 Lincoln Street is ideally positioned just 450 feet from Central Avenue, the Heights' main commercial district, home to more than 240 stores, restaurants, cafes, grocery stores, and boutiques. Multiple transit options, including bus lines one block away, Light Rail, and PATH service, provide access to New York City. The existing two-family structure on a 25x104 lot will be delivered vacant. Investors can pursue ground-up new construction, or a gut renovation with a rear extension that takes advantage of the extra depth over a standard 25x100 lot. Five renovation and new construction projects are underway or recently completed on this block: two multi-unit residential buildings totaling 34 units, one completed and one underway, plus two ground-up new construction homes and one property under renovation. The activity reflects sustained investor interest in a location just steps from Central Avenue and multiple transit options into Manhattan. This is a cash-only, as-is sale.