372 Summit AVE Active

Jersey City,NJ 07306

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Res/Com Mixed

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24031676

Style Res/Com Mixed

Annual Tax Amount $11,257

Property Description

This investment property, featuring a commercial space on the first floor and two apartments above, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Journal Square Transportation Center, the location provides easy access to local bus services and the PATH train station, offering direct routes into NYC. Situated in the Journal Square Redevelopment Zone, this property presents a variety of possibilities for developers and 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.

Location

State NJ

County Hudson

Area Jersey City

Exterior

Utilities Available Gas

Roof Type O/See Rmrks

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