This 3 family property with commercial space on first floor and two apartments on the second floor (3 bdrm and 1 studio) is an amazing development opportunity in the rapidly changing Journal Square area. Just 2.5 blocks from the Journal Square Transpiration Center offering local bus service as well as the PATH train station with service into NYC. The location also offers easy access to area restaurants, schools, local and County Court Houses and businesses. This building is being sold as a package with 372 Summit Ave (MLS# 79) which provides for a lot size of 50 X 100 with the possibility of up to 7 floors with variance approvals. Within the last 2 yrs the area surrounding this property has seen multiple rental developments built ranging from 29 to 132 units. Don't miss the chance to take advantage of this opportunity.
Off market
$820,000
370 Summit Ave, Jersey City, NJ 07306
3beds
1,285sqft
MultiFamily
Built in ----
-- sqft lot
$820,000 Zestimate®
$638/sqft
$3,126 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Wall
Interior area
- Total interior livable area: 1,285 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 2,500 sqft
Details
- Parcel number: 0610801000000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Community & neighborhood
Location
- Region: Jersey City
Other
Other facts
- CoolingYN: true
- Cooling: Wall Unit(s)
- ConstructionMaterials: Aluminum/Vinyl
- MlsStatus: Active
- CoListAgentEmail: martut@weichert.com
- CoListAgentFullName: MARIANNE TUTINO
- ListPriceLow: 2000000
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$820,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$820,000