12
See all 12 photos
$3,995,000
Est. payment /mo
Price Dropped by $205K
306-310 NEWARK AVE Jc Downtown, NJ 07302
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UPDATED:
02/07/2025 03:09 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240022897
Annual Tax Amount $37,200
Property Sub-Type Investment
Property Description
Prime Development Opportunity in Downtown Jersey City! Introducing 306-310 Newark Ave, a rarely available development site in the heart of Jersey City's vibrant downtown. This unique property comes with approved plans for a 12-unit residential building, complete with a versatile commercial space on the ground floor—ideal for attracting retail or service businesses to cater to this bustling neighborhood. Strategically located just a 10-minute walk to the Grove Street PATH station and near the popular pedestrian plaza, this site offers unmatched convenience for commuters, providing a quick and easy transit option to NYC. Downtown Jersey City's continued growth, coupled with limited availability of development-ready sites, makes this an exceptional investment opportunity. Seize the chance to build in a sought-after area with high rental demand and close proximity to dining, entertainment, and key transit hubs. Don't miss out on adding this rare asset to your portfolio!
Location
State NJ
County Hudson
Area Jc Downtown
Listed by COMPASS NEW JERSEY, LLC