306-310 Newark Ave
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306-310 Newark Ave
1,612 SF Retail Building Jersey City, NJ 07302 $5,899,656 CAD ($3,660 CAD/SF)
Investment Highlights
- Approved Plans for 12 Residential and 1 Commercial Unit Building
- Located in the Village Downtown Jersey City
- Close to Grove Street PATH
Executive Summary
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 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!
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
1,612 SF
Building Class
C
Year Built
1993
Price
$5,899,656 CAD
Price Per SF
$3,660 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.36
Land Acres
0.10 AC
Frontage
68 ft on Newark Ave
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 06-09902-0000-00001 | Improvements Assessment | $141,057 CAD |
| Land Assessment | $1,929,660 CAD | Total Assessment | $2,070,717 CAD |
PROPERTY TAXES
Parcel Number
06-09902-0000-00001
Land Assessment
$1,929,660 CAD
Improvements Assessment
$141,057 CAD
Total Assessment
$2,070,717 CAD
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Wil Parkerson -
Compass New Jersey, Llc
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306-310 Newark Ave
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