Jersey City, NJ 07306 · Investment · For Sale · MLS 260009027
15-17 Laidlaw Ave
$1,974,000
Investment
Use
6
Units
72
Days Listed
About this property
50x118 Lot Size. Rare investment opportunity at 15 Laidlaw Ave in Jersey City. Property consists of a solid 6-family building plus an adjacent parking lot currently undergoing subdivision. Upon completion, the 6-family will remain on its own lot, while the parking lot will become a separate buildable parcel—ideal for ground-up development. Excellent value-add potential with immediate rental income from the existing building and future upside through development of the newly created lot. Preliminary subdivision in progress—buyer to perform all due diligence regarding approvals, zoning, and development potential. Located in a rapidly appreciating area with strong rental demand and new construction activity nearby. Opportunities like this—income + development—are extremely limited in Jersey City.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07306
MLS #260009027
Space
Units6
Stories3
Investment
Est. gross incomeSee Attach
Rent controlYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 15-17 Laidlaw Ave?
The asking price is $1,974,000.
What is 15-17 Laidlaw Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 15-17 Laidlaw Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.