$1,650,000

For Sale

372 Summit Avenue

Jersey City, NJ 07306

#24031676

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Type:Purchase

Structure:5+ Family

Zone:Residential

Description

This investment property, featuring a commercial space on the 1st Fl and two 2BR Apts above, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Transportation Center and PATH train station, offering direct routes into NYC. Situated in the JSQ Redevelopment Zone, this property presents a variety of possibilities for developers & investors. Its prime location near vibrant restaurants, schools, and businesses enhances its appeal, with potential for several additional floors pending variance approvals. The surrounding area has experienced significant growth in recent years, with multiple rental developments ranging from 29 to 132 units. Don't miss out on the chance to invest in this prime location, offering tremendous development potential in one of Jersey City's most dynamic neighborhoods. Seller financing is possible, offering a flexible purchasing option for qualified buyers.

Property Details
- - Date ListedSeptember 26, 2024
  - Property SubtypeRes/Com Mixed
  - Original List Price$1,800,000
  - Property TypePurchase
  - MLS #24031676
  - MLS #24031676
  - Cost1650000

Location

Legal

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Antonio Suarez are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.

Last Updated: Yesterday at 1:31 PM. Source: NJMLS

Listing Courtesy
Listing Agent: 448754 (#448754), Phone: (201) 320-8990, Email: ihart7@gmail.com
Listing Office: Prominent Properties Sotheby's International Realty-Hoboken (#56898)

Antonio SuarezReal Estate Group

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All Jersey MLS

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2023, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

New Jersey Multiple Listing Service, Inc.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Antonio Suarez are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 01/09/2023

2023 New Jersey Multiple Listing Service, Inc. All rights reserved.

Garden State Multiple Listing Service

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Monmouth Ocean Regional MLS

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Hudson Multiple Listing Service

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South Jersey Shore Regional MLS

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