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372 Summit Ave

4,000 SF 100% Leased Retail Building Jersey City, NJ 07306 $2,528,424 CAD ($632 CAD/SF)

Investment Highlights

  • Close to PATH Station - Easy NYC Commute
  • Renovated Apartments
  • Shops & Restaurants in Journal Square

Executive Summary

his investment property, featuring a commercial space on the first floor and 2 Apartments, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Transportation Center, the location provides easy access to local bus services and the PATH train, offering direct routes into NYC and Newark Penn Station.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Taxes $15,812 $3.95
Operating Expenses - -
Total Expenses $15,812 $3.95

Financial Summary (Actual - 2023)

Taxes (CAD)
Annual $15,812
Annual Per SF $3.95
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $15,812
Annual Per SF $3.95

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1890/2022
Price
$2,528,424 CAD
Price Per SF
$632 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.53
Land Acres
0.06 AC
Zoning
JS - Mixed Use
Frontage
23 ft on Summit Ave
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Bank of America
Santander
Rent-A-Center
ACME
Chase Bank
Hummus Republic
99 Ranch Market
CTown
Blimpie
  • Listing ID: 33318259

  • Date on Market: 2024-09-26

  • Last Updated:

  • Address: 372 Summit Ave, Jersey City, NJ 07306

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