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372 Summit Avenue , Jersey City, NJ 07306

$1,800,000

Detail

  • Property ID: 24031676
  • Price: $1,800,000
  • Year Built: 1900-1939,Renovated,2010's
  • Property Type: 5+ Family/Mixed Use
  • Property Status: Mixed Use

Description

This investment property, featuring a commercial space on the first floor and two apartments above, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Journal Square Transportation Center, the location provides easy access to local bus services and the PATH train station, offering direct routes into NYC. Situated in the Journal Square Redevelopment Zone, this property presents a variety of possibilities for developers and investors. Its prime location near vibrant restaurants, schools, and businesses enhances its appeal, with potential for several additional floors pending variance approvals. The surrounding area has experienced significant growth in recent years, with multiple rental developments ranging from 29 to 132 units. Don’t miss out on the chance to invest in this prime location, offering tremendous development potential in one of Jersey City’s most dynamic neighborhoods.

  • Address: 372 Summit Avenue
  • City: Jersey City
  • State/county: HUDSON / NJ
  • Zip/Postal Code: 07306
  • Country: United States

Listing provided by Prominent Properties Sotheby's International Realty-Hoboken

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Prominent Properties Sotheby's International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 2024-11-08 4:00 AM. Source: New Jersey Multiple Listing Service, Inc.

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