2624 Kennedy Blvd, Jc, Journal Square, NJ 07307

Property Description

Rare shovel-ready development opportunity just steps from Lincoln Park and Saint Peters University. This cleared, vacant lot comes with full municipal approvals in place, including all necessary variances, for a brand-new 4-unit, 4-story residential building, eliminating the time, cost, and uncertainty of the entitlement process. The approved plans, designed by T. Laporta Architect, PC, deliver a well-configured unit mix across four floors: an ADA-accessible 2-bedroom/1-bath unit on the ground level, two 3-bedroom/2-bath units on the first and second floors, and a 1-bedroom/1-bath penthouse-style unit on the third floor. Four indoor bike parking spaces are included in the approved design, and no on-site car parking is required per RH-2 zoning, keeping construction costs lean. The 55' x 41' x 52' irregular lot (Block 4406, Lot 20) sits along JFK Boulevard, steps from Lincoln Park and just minutes from Journal Square PATH, putting future residents within easy reach of Manhattan and all the dining, culture, and momentum that continues to define this corridor. With approvals secured, variances granted, and the site cleared and ready, this is a true plug-and-play opportunity for a developer looking to move fast in a market that rewards speed.