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Listed by Ingrid Hart Prominent Properties Sotheby's International Realty-Hoboken (201) 320-8990
$ 1,650,000
Est. payment /mo
Price Dropped by $150K
372 Summit AVE Jersey City, NJ 07306
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24031676
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
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
Others
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