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126 Rutgers Ave

9,000 SF Specialty Building Offered at $1,842,711 CAD in Jersey City, NJ 07305

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Investment Highlights

This is a very versatile building with many uses.
Pre School and Daycare, offices, wellness services or any uses will enjoy a park-like side yard.

Quiet setting good proximity to bus transit, walk to light rail, & NJTP.

Executive Summary

This sale consists of a 3 story building which was originally constructed in 1921 to be a temple for worship. The brick structure is supported by steel to allow for a clear floor spanning the top floor and generous sized rooms throughout. There are 2 drain lines to restrooms, tall ceilings and a partial basement of approximately 1,000sf. The lot size is 100 X100' and zoning is R1. R1 residential 1 & 2 family dwellings. Status is legal non-conforming. R1 permitted commercial uses are:
Houses of worship, Essential services (subject to determination), Governmental offices. Schools. Daycare. Neighborhood services. Conversion to a residential project is subject to approvals by the municipality. Seller makes no representations on development or teardown. The building does not have a functioning furnace. Please text or call the listing agent for a tour. Sellers are not accepting financed offers, only cash offers will be considered.

126 Rutgers sale OM

Property Facts

Price	$1,842,711 CAD	Lot Size	0.23 AC
Price Per SF	$205 CAD	Building Size	9,000 SF
Sale Type	Investment or Owner User	No. Stories	3
Sale Conditions	Building in Shell Condition	Year Built	1921
Property Type	Specialty	Tenancy	Single
Property Subtype	Religious Facility Specialty Schools	Parking Ratio	0.22/1,000 SF
Building Class	C

Price	$1,842,711 CAD
Price Per SF	$205 CAD
Sale Type	Investment or Owner User
Sale Conditions	Building in Shell Condition
Property Type	Specialty
Property Subtype	Religious Facility Specialty Schools
Building Class	C
Lot Size	0.23 AC
Building Size	9,000 SF
No. Stories	3
Year Built	1921
Tenancy	Single
Parking Ratio	0.22/1,000 SF