$1,399,999

364.5 5TH ST, JC, Downtown NJ, 07302

Property typeLand

Overview

Active

Listed Sep 25, 2026

Updated 11 days ago

RARE JERSEY CITY DEVELOPMENT OPPORTUNITY – TWO LOTS WITH APPROVED VARIANCES! Two adjoining 12.5' x 50' lots, being offered as 364 5th Street and 364.5 5th Street, with approved variances for the construction of a 4-story single-family home on each lot. Proposed homes are approximately 2,150 SF each, offering approximately 12.5' of width and 42.5' of depth, plus a cantilevered front section. Plans are available and currently show a 5-bedroom, 3-bath layout, with the ability to reconfigure the interior to accommodate the buyer's needs. Plans can also be modified to add a first-floor powder room. The existing plans for 364.5 5th Street would be generally mirrored for the second home. 364 5th Street currently contains a 2 bedroom, 2 bath single family home that is being sold as-is and is slated for demolition. Demolition permits have already been obtained. The basement includes existing plumbing/setup for a potential second bathroom. 364.5 5th Street is currently an open driveway lot. The properties were originally purchased as two separate lots. The Jersey City Tax Office subsequently consolidated them into one tax lot, and an application has been submitted to the Planning Board to subdivide the property back into two separate lots. The application is currently awaiting scheduling. The property offers the opportunity to pursue the approved redevelopment plans. Buyer to perform all due diligence regarding zoning, variances, plans, permits, dimensions, development potential, and municipal approvals. Property is being sold AS IS .

Courtesy of CORCORAN SAWYER SMITH with VICTOR JALINOS,
Listing Contact: 201-653-8000

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 9/26/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/26/2026 at 3:11 AM UTC