551-204-1361
900 Bergen Ave, Jersey City, NJ for Sale
Apartments - FOR SALE
1/7
null | Request Cap Rate

900 Bergen Ave
Jersey City, NJ 07306
Journal Square


HIGHLIGHTS

  • All Market Rate Units
  • Strong Retail Componet
  • $294,000 of Gross Income on the existing building

OVERVIEW

Grid Real Estate Advisors has been exclusively retained and is proud to market 900 Bergen Ave in Jersey City (the,“Property”) for an outright sale or joint venture. The property is an existing approximately 25,000 sf, mixed- use building with ground floor retail, 2 stories of offices above and basement. The property has approvals to build 50 market rate condos or apartments and retail. The property sits on 7,750 Square Feet. The property is ideally located in on Bergen Ave in the Journal Square Core and is a short 950 feet from the entrance to the JSQ Path Station making this an ideal transit-oriented development. An amazing opportunity to capitalize on the incredible growth in Journal Square and one of the last remaining Journal Square gems with no affordable housing component. The approved site plan calls for the addition of 5 Stories on top of the existing building and will contain 50 large residential condos or rental apartments, 5990 sqft of retail, self storage and retail storage in the basement

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

50

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,750 SF

ZONING

Zone 7: Deco

APN/PARCEL ID

06-10701-0000-00004

ASK ABOUT THIS PROPERTY

Chris VitielloGrid Real Estate LLCMore Info
551-204-1361

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

Chris VitielloGrid Real Estate LLCMore Info
551-204-1361

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