MLS® ID: 3456023
55 Caven Point Ave
Jersey City, New Jersey, 07305-4603 $2,397,000
A new transit-oriented future location with great investment opportunity! This parcel of land is situated within The Canal Crossing Redevelopment Plan area, an 111 acre mixed use redevelopment site approved by the Planning Board in 2013 allowing for high-density residential development of 4 to 8 stories on the property. Subject property is an approx.15 minute drive from lower Manhattan via the Holland Tunnel & sits at the entrance to the NJ Turnpike Extension, close to the Garfield Station of the Hudson-Bergen Light Rail. Additional Light Rail Station is proposed along the S.E. side of the redevelopment area by Caven Point Ave. A 15 mins. drive to the Newark International Airport. Close to Routes 78, 1 & 9. Local Attractions: Liberty St. Park, Liberty Science Car., Golf course, & pole position raceway.