Rarely does an opportunity this precise surface in the heart of Hoboken’s sought-after residential landscape. This 25’ x 71’ vacant lot offers a clean slate for developers and visionary end-users alike, situated in a prime location that balances urban energy with neighborhood charm. With its standard width and manageable depth, the site provides a streamlined footprint for a high-end custom project in one of the most resilient real estate markets in the country. The property is situated within the R-3 Residential District, a classification designed to accommodate multi-family dwellings and maximize urban living potential. Under current R-3 guidelines, the lot invites a variety of sophisticated configurations, ranging from a boutique condominium project to a high-yield multi-family rental building. The designation generally supports mid-rise residential structures, allowing for efficient density while maintaining the aesthetic integrity of the surrounding streetscape. Located in the Mile Square City, this lot places future residents within short distance of Hoboken's world-class amenities and unparalleled transit options. Whether it’s the quick commute to Manhattan via the PATH, NY Waterway Ferry, or NJ Transit, or the proximity to the vibrant dining and boutique shopping along Washington Street, the lifestyle appeal is built-in. This is a strategic acquisition for those looking to capitalize on the sustained demand for modern, ground-up construction in a gold-coast zip code.
Hoboken is located in New Jersey. Hoboken, New Jersey has a population of 59,369. Hoboken is more family-centric than the surrounding county with 33.78% of the households containing married families with children. The county average for households married with children is 30.83%.
The median household income in Hoboken, New Jersey is $160,890. The median household income for the surrounding county is $79,795 compared to the national median of $69,021. The median age of people living in Hoboken is 32 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 48.2 inches per year, with 25.6 inches of snow per year.