263-265 HUTTON ST

A rare opportunity awaits in Jersey City Heights to acquire a prime investment property and adjacent vacant lot. The package deal consists of 263 Hutton Street, a four-family, all-brick residence, and 265 Hutton Street, a vacant lot, offering possibilities for investors, developers and homeowners. The all brick four-family property has two units on the lower level: a one-bedroom apartment and a two-bedroom apartment. The first and second floors each feature a three-bedroom apartment. The adjacent vacant lot presents a blank canvas for development, offering various possibilities due to its desirable location and zoning designation. Investors can explore new construction, expansion or additional parking options, further enhancing the property's value. A notable feature of both properties is the three double garages in the rear, providing ample parking and storage. Located in a thriving Jersey City Heights neighborhood, these properties offer convenient access to public transportation, schools, parks and local amenities. The area's growing demand for housing and commercial space makes this investment an attractive opportunity. The property is listed in its as is condition and the buyer is responsible for obtaining all necessary smoke certificates and Certificates of Continued Occupancy. The seller discloses that there is an inactive underground oil tank. Both properties must be purchased together. Don't miss this chance to capitalize on Jersey City Heights' booming real estate market.