print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Products
Commercial Real Estate News

URSA Development Group Purchases Hoboken Land for $9.6M

Square Block on Clinton Trades Hands
January 7, 2015
URSA Development Group has purchased 1.38 acres of development land at 1200 Clinton St. in Hoboken, NJ for $9.66 million from Michael P. Gorman Properties, Inc. The site composes a full square block in an area largely dominated by multifamily properties.

PSE&G immediately began conducting an enviornmental clean-up of the former Hoboken Gas Works site to replace the contaminated soil. The land is currently an asphalt paved lot, and has all utilities on site. The lot has approximately 324 feet of frontage on Clinton St. and Grand St., as well as approximately 239 feet of froantage on 12th and 13th Streets.

Both parties handled the direct sale in-house.

Please see CoStar COMPS #3171242 for additional information on this transaction.
GET IN TOUCH        Contact CoStar News Team:   News@CoStar.com

 Find us on 

Welcome To CoStar's
Industry-Focused,
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News