655 NEWARK AVE Jersey City, NJ 07306

$1,800,000
655 NEWARK AVE, Jersey City, NJ 07306

Commercial Property for sale in Jersey City, NJ

for $1,800,000. The lot size is 48.7 x 80.

Property Information

  • $1,800,000
  • Commercial
  • Investment
  • Active
  • 3 Floors
  • Lot size of 48.7 x 80
  • Jersey City, NJ
  • Journal Square Neighborhood
  • Hudson County
  • MLS/Web ID is 160015914

Description

Amazing investment/ development opportunity at Jersey City's famous "Five Corners" the center of the JSQ Revitalization area and around the corner from Journal Square Transportation Center, NJ Transit Path Station. Nearly 50' of Newark Ave frontage. Currently a 3 story mix use building with restaurant and possible residential above. Please request Journal Square redevelopment plan for development guidelines.The Journal Square

Listed By

Listing Agent: Nader Rezai
Broker: Weichert Realtors
Office: Jersey City Downtown
Phone: (201) 736-5713

655 NEWARK AVE, Jersey City, NJ, 07306 is a Commercial Property for sale at $1,800,000 with a lot size of 48.7 x 80. The property's zip code is 07306 which is in Jersey City, NJ

Market Pricing

Average % of sale price Median % of sale price
All listings in Jersey City $695,232 61 % below $499,000 72 % below
Commerical listings in Jersey City $1,075,595 40 % below $662,000 63 % below
Sold listings in Jersey City $183,500 90 % below $0 100 % below

Get the facts about Jersey City, NJ!

Population 263,969
Population Growth (since 2000) 10 %
Median Income $61,705
Median Age 35.73
Households w/ Children 27 %

Residential Dwellings

  • Owned 30878
  • Vacant 11364
  • Rented 73079

Similar Listings