361 Central Ave - Storefront FOR SALE


Jersey City, NJ 07307- The Heights
$2,975,000 USD
201-892-4043
361 Central Ave, Jersey City, NJ for Sale
$2,975,000 USD
Storefront - FOR SALE
1/21
null | Request Cap Rate

NEW


361 Central Ave
Jersey City, NJ 07307
The Heights


OVERVIEW

Vacant. Prime Development Opportunity in Booming Jersey City Heights! Unlock the full potential of this high-visibility property at 361 Central Avenue, located in the heart of Jersey City’s thriving Central Ave Business District. This expansive 9,800 SF commercial space offers immediate income potential while sitting on a zoned development site allowing up to 6 stories – with ground-floor commercial and residential units above (2nd–6th floors). Build 10 2 Bed 2 Bath 850+-SQ FT & 10 1 Bed 1 Bath 700+- Sq Ft units above the retail. This is a rare opportunity for investors or developers to capitalize on Jersey City’s continued growth and strong demand for mixed-use residential properties. Flexible zoning allows for a variety of configurations: upscale apartments, condos, or long-term rentals – all above an anchor retail space in a well-trafficked corridor. Also available for rent.

FOR SALE DETAILS

PRICE

$2,975,000 USD

PRICE/SF

$304 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

3

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

NC-1

APN/PARCEL ID

06-02803-0000-00028

ASK ABOUT THIS PROPERTY

Jason PascaleSmart Choice RealtyMore Info
201-892-4043

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

Jason PascaleSmart Choice RealtyMore Info
201-892-4043

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