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372 Summit Ave

Jersey City, Journal Square, NJ 07306
  • $1,650,000
  • STATUS: Active
  • ON SITE: 207 Days
  • MLS #: 240019084
$1,650,000
  • 0
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

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.

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© 2025 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-04-22T00:25:36.12.
www.sellwithsikora.com/homes/155865559
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372 Summit Ave Jersey City, Journal Square, NJ 07306

  • Price: $1,650,000
  • Status: Active
  • On Site: 207 Days
  • MLS #: 240019084
0
Beds
2
Baths
1
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Journal Square
County:
Hudson
Area:
Jersey City, Journal Square
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.
Exterior Features

Lot Size 25x100 Stories 3

Interior Features

Two Bedrooms 2

Property Features

Approximate Building Age 1900s Commercial Type Investment Fuel Gas Internet Yes Lead Paint Form Yes Mixed Use Yes Rent Control Yes Taxes 11257

Listing provided courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY:201-795-5200.


© 2025 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-04-22T00:25:36.12.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042