Commercial Sale For Sale

372 Summit Avenue, Jersey City, Nj 07306

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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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24031676
Price : $1,650,000
Status : Active
Office Name : Prominent Properties Sotheby's International Realty-Hoboken
Agent Name : Ingrid
Roof : O/See Rmrks
Features
Architectural Style : Res/Com Mixed
Address Map
Country : US
State : NJ
County : HUDSON
City : Jersey City
Zipcode : 07306
Street : Summit
Street Number : 372
Street Suffix : Avenue
Longitude : W75° 56' 13.9''
Latitude : N40° 43' 41.6''
Additional Information
Virtual Tour : https://jumpvisualtours.com/story/472406/u
On Market Date : 2024-10-01
Financial
Tax Annual Amount : 11257
Listing Information
Co List Agent Mls Id : 1001841
List Agent Mls Id : 1004499
List Office Mls Id : 48007
Mls Status : Active
Modification Timestamp : 2025-03-25T16:03:25Z
Originating System Name : njmls
Status Change Timestamp : 2025-03-21
Commercial Sale For Sale
  • Listing ID : 24031676
$1,650,000
Agent info
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