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Featured Properties
222-224 First Street, Jersey City
This 5,000 SF development site, located in a prime historic Downtown neighborhood, is fully-approved for a four-story structure comprised of eight 2-bedroom, 2-bath residential units. Sizes range from 1061 SF to 1299 SF. Rear yards, balconies and decks are also featured. Elevator building.
Under contract.
1422 Grand Street, Hoboken
Existing 5-story warehouse recently granted approvals for conversion to 21 live/work loft spaces. Additional mezzanine level to be added to top floor. Restaurant space with liquor license available on ground level.
Contact us for further details.
124 Bingham Avenue, Rumson
Beautiful 2.12 acre parcel is available off Ridge Road in one of Rumson' most presitigious neighborhoods. Property is zoned R-2, single-family, minimum lot size of 1 acre. Existing undersized ranch on site presents unique opportunity, through knockdown or expansion, for the construction of a large-scale estate home set before landscaped grounds, pond and stream.
Sold.
332 Mountain Road, Union City
Exclusive cliffside location of an oversized 50' x 125' lot (currently housing a single-family home) situated in a multi-family zone provides excellent opportunity for the development of luxury condominums with permanent and magnificent views of Manhattan, Hoboken and New York Bay.
Asking $1,600,000. (Temporarily off the market.)
The staff of Chelsea Realty Inc. is well-experienced in evaluating the investment potential of a wide variety of property types, whether a newly constructed condominium, an existing multi-family residence, a commercial office building, retail space or vacant land. Our expertise in land acquisition and site assemblage for our developer clientele, along with our familiarity with many local property owners, equip us to spot both trends in value appreciation and prospective changes in land usage. In applicable circumstances, we will accurately project net operating income and ascertain fair market value via a suitable captilization rate.
