$1,650,000

372 Summit Avenue, Jersey City, NJ 07306

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

This investment property, featuring a commercial space on the 1st Fl and two 2BR Apts above, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Transportation Center and PATH train station, offering direct routes into NYC. Situated in the JSQ Redevelopment Zone, this property presents a variety of possibilities for developers & 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. Seller financing is possible, offering a flexible purchasing option for qualified buyers.

Listing Status:
Active
Date Added:
September 26, 2024 at 05:00AM
Listing Office:
Prominent Properties Sotheby's International Realty-Hoboken : 201-795-5200
Listing Agent:
Ingrid Hart : (201) 320-8990
MLS ID:
24031676
  • Roofing: O/See Rmrks

This listing courtesy of Ingrid Hart, Prominent Properties Sotheby's International Realty-Hoboken

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Martin Luther King Jr. School

886 Bergen Ave, Jersey City, NJ, 07306

Grades PK-8

0.13 miles away

M

Martin Luther King Jr. School

886 Bergen Ave, Jersey City, NJ, 07306

Grades PK-8

0.13 miles away

W

William L. Dickinson High School

2 Palisade Ave, Jersey City, NJ, 07306

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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