372 SUMMIT AVE Active

Jc Journal Square,NJ 07306

$ 1650000

- Bed

2.5 Baths

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240019084

Full Baths 2

Half Baths 1

Annual Tax Amount $11,257

Lot Dimensions 25x100

Property Sub-Type Investment

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.

Location

State NJ

County Hudson

Area Jc Journal Square

Others

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