872 Bergen Ave
Jersey City, NJ 07306

The subject property is located in the Journal Square section of Jersey City, on one of the busiest thoroughfares in the city. Journal Square is a bustling business district, residential area and transportation hub which gets its name from the Jersey Journal newspaper headquartered there until 2014. With over 30 development projects either in the construction or planning phases, there is much buzz being created to draw people to the area. With the build up of everything from apartment conversions such as The Beacon, a mixed-use multifamily/retail rehabilitation of the Jersey City Medical Center, to the ground breaking of Kushner’s 2nd Journal Squared tower featuring over 700 units and other major multifamily developments such as Canco Lofts, to major transportation hubs (Journal Square PATH Station), to a burgeoning art scene, the Journal Square area is repositioning itself to again become one of the state’s most prosperous quarters as it becomes more and more attractive to young professions seeking a more affordable alternative to New York City and like areas to live, work and play. HIGHLIGHTS: Phenomenal location in the heart of Journal Square, one of the most up and coming areas in New Jersey and the Tri-State area perfect for any fitness, education, or retail use Only 2 blocks from the Journal Square PATH train (83 million riders annually) directly to New York City and multi level bus depot (30,000 commuters daily) Approximately 30 projects in various stages of development taking place or due to take place in Journal Square over the next few years Highly visible location with second highest foot fall in Jersey City ( +/- 9,000 Daily Workers in Journal Square) Located directly next door to Hudson County Community College and walking distance to Saint Peters College Easy access to Route 1 & 9, New Jersey Turnpike, I-78, I-280 and Holland Tunnel NEIGHBORING DEVELOPMENTS: Journal Squared 1,300 Units, Puccini’s Development 400 Units, 808 Pavonia Ave 1,000 Units, Baldwin Place 1,300 Units, 500 Summit 500 Units, 2869 JFK 571 Units, 711 Montgomery 275 Units, 87 Newkirk Street 80 Units, 1 Journal Sq. 1,000 Units