306-310 Newark Ave - Storefront FOR SALE


Jersey City, NJ 07302
$4,200,000 USD
201-362-2432
306-310 Newark Ave, Jersey City, NJ for Sale
$4,200,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

306-310 Newark Ave
Jersey City, NJ 07302


HIGHLIGHTS

  • Approved Plans for 12 Residential and 1 Commercial Unit Building
  • Close to Grove Street PATH
  • Located in the Village Downtown Jersey City

OVERVIEW

Introducing 306-310 Newark Ave, a rarely available development site in the heart of Jersey City’s vibrant downtown. This unique property comes with approved plans for a 12-unit residential building, complete with a versatile commercial space on the ground floor—ideal for attracting retail or service businesses to cater to this bustling neighborhood. Strategically located just a 10-minute walk to the Grove Street PATH station and near the popular pedestrian plaza, this site offers unmatched convenience for commuters, providing a quick and easy transit option to NYC. Downtown Jersey City’s continued growth, coupled with limited availability of development-ready sites, makes this an exceptional investment opportunity. Seize the chance to build in a sought-after area with high rental demand and close proximity to dining, entertainment, and key transit hubs. Don’t miss out on adding this rare asset to your portfolio!

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$2,605 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,430 SF

ZONING

-

APN/PARCEL ID

06-09902-0000-00001

ASK ABOUT THIS PROPERTY

Wil ParkersonCompass New Jersey, LlcMore Info
201-362-2432

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Wil ParkersonCompass New Jersey, LlcMore Info
201-362-2432

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.