$3,000,000 372 Summit Ave Jersey City, NJ

MLS: 202022881   Type: Investment   County: Hudson   City: Jersey City   Area: Journal Square   Zip: 07306     Stories: 3

Mortgage $14,084 /mo



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This investment property with commercial space on first floor and two apartments on the second floor (3 bdrm and 1 studio) is an amazing development opportunity located the rapidly changing Journal Square area. Just 2.5 blocks from the Journal Square Transpiration Center offering local bus service as well as the PATH train station with service into NYC. The location also offers easy access to area restaurants, schools, local and county Court Houses and businesses. This building is being sold as a package with 370 Summit Ave MLS# 202023249) which provides for a lot size of 50X100 with the possibility of up to 7 floors with variance approvals. Within the last 5 yrs the area surrounding this property has seen multiple rental developments built ranging from 29 to 132 units. Don't miss the chance to take advantage of this opportunity.

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Price History

10/8/2020 Listed $3,000,000

Listing Area JC, Journal Square
Section Journal Square
Status Active
Stories 3
Type Investment

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Property vs Zip Code Avg (07306)

Price 3.00M Avg 2.07M

Visits 8 Avg 69

Days on Site 56 Avg 130

Walkscore® 95 Avg 94

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: WEICHERT REALTORS - 201-333-4443

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Location & Address

Pure Properties
200 Hudson St. Suite 1000
Jersey City, NJ