Overview

A rarely available development opportunity in Prime Journal Square, 272-280 Baldwin Avenue consists of four vacant, approximately 22.5x100 lots and one 25x100 lot improved with a 3-story commercial building totaling approximately 11, 500 SF. As of Right, 3-story, two family construction is permitted on each. 2-Family new constructions are cost efficient to developer and yield high sell outs in today's market, especially with this super-prime location (2 blocks from the Journal Square Path Station.) This corner property sits directly across from the historic William J Brennan Courthouse, and the future location of the proposed Courthouse Park. This is a great opportunity to build 4 or 5 new buildings and 10 new condos (if desired). Sellers are NJ licensed real estate brokers. Property sold strictly As-Is.