306-310 Newark Ave - Commercial LAND FOR SALE


Jersey City, NJ 07302- Historic Downtown Jersey City4,356 SF
$3,600,000 USD
306-310 Newark Ave, Jersey City, NJ for Sale
$3,600,000 USD
Commercial LAND - FOR SALE
1/12
4,356 SF

306-310 Newark Ave
Jersey City, NJ 07302
Historic Downtown Jersey City


HIGHLIGHTS

  • Approved plans for a five-story building with 12 residential units and one commercial space.
  • Located in The Village, a highly desirable neighborhood in Downtown Jersey City.
  • Just a 10-minute walk to Grove Street PATH station for quick NYC access.
  • Surrounded by dining, retail, and entertainment options in a vibrant urban setting.
  • Strong market fundamentals with high rental demand and limited development sites.

OVERVIEW

Introducing 306-310 Newark Avenue, a rare development opportunity in the heart of Jersey City’s thriving downtown. This property offers approved plans for a five-story mixed-use building featuring 12 residential units and a ground-floor commercial space, making it an ideal investment for developers seeking a high-demand location. The site spans approximately 4,462 square feet and is strategically positioned within The Village neighborhood, a vibrant area known for its eclectic mix of dining, retail, and cultural attractions. The property’s prime location ensures exceptional connectivity, just a 10-minute walk to the Grove Street PATH station, providing direct access to Manhattan. Its proximity to the popular pedestrian plaza, Newport, and Historic Downtown enhances its appeal for future residents and businesses alike. With limited availability of development-ready sites in this corridor, this asset presents a unique chance to capitalize on Jersey City’s continued growth and strong rental demand. Offered at $3,600,000, the site includes full architectural plans upon request. The approved design maximizes value with a modern residential layout and a versatile commercial component, catering to the area’s dynamic urban lifestyle. This is an outstanding opportunity to secure a premier development site in one of the most desirable markets in the region.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/ACRE

$36,000,000/AC

PRICE/SF

$826 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

0.1 AC

LAND SF

4,356 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

-

APN/PARCEL ID

06-09902-0000-00001

ASK ABOUT THIS PROPERTY

Joachim HorvitzCompassMore Info

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Joachim HorvitzCompassMore Info

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