$4,200,000
For Sale

306-310 NEWARK AVE

Jersey City, NJ 07302
Type:Purchase
Structure:Land
Zone:Residential

Description

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!

  • Property Details
      • Date ListedNovember 26, 2024
      • Property SubtypeVacant Land
      • MLS #240022909
      • MLS #240022909
      • Property TypePurchase
      • Cost4200000
      • CountyHudson
      • SubdivisionNJ

Location

Cesar David PradoReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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