306-310 Newark Ave 0.1 Acres of Commercial Land Offered at $5,748,685 CAD in Jersey City, NJ 07302

EXECUTIVE SUMMARY

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 FACTS

Price $5,748,685 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.10 AC

1 LOT AVAILABLE

Lot

Price $5,748,685 CAD
Price Per AC $57,486,850.29 CAD
Lot Size 0.10 AC

Introducing 306-310 Newark Ave, a rarely available development site in the heart of Jersey City’s vibrant downtown.

Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (80)

PROPERTY TAXES

  • Listing ID: 34224587

  • Date on Market: 2024-12-17

  • Last Updated:

  • Address: 306-310 Newark Ave, Jersey City, NJ 07302