311 Bergen AveJersey City, NJ 07305

For Sale
$2,200,000

20,953 SF Commercial Lot, $2.2M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 20,953 square foot commercial lot, located at 311-315 Bergen Avenue in Jersey City, New Jersey (zip code 07305), presents a remarkable development opportunity. Situated in the Green Villa Redevelopment - Zone A, this property is zoned for a mixed-use development. Preliminary plans suggest the potential for a substantial project encompassing approximately 35 residential units, 1-2 commercial units, and 39 parking spaces. The site's strategic location offers significant advantages. Its proximity to the West Side Avenue Light Rail Station ensures convenient public transportation access, while nearby existing and under-construction multi-family buildings and retail establishments indicate a strong potential for future occupancy and rental demand. The asking price for this prime development land is $2,200,000. This represents a unique chance to capitalize on the burgeoning Jersey City real estate market and create a thriving mixed-use development in a highly desirable location. The property's size and zoning make it ideal for a multi-family building with ground floor retail, catering to the growing needs of the community. This is a rare opportunity to acquire a large, well-located parcel in a rapidly developing area of Jersey City.

Highlights

  • 20,953 SF lot at 311-315 Bergen Ave, Jersey City, NJ 07305.
  • Mixed-use zoning (Green Villa Redevelopment - Zone A) allows for approximately 35 residential units and 1-2 commercial units.
  • 39 projected parking spaces.
  • Walking distance to the West Side Avenue Light Rail Station.
  • Asking price: $2,200,000.

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.7129455
Longitude
-74.0820349
311 Bergen Ave, Jersey City, New Jersey

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311 Bergen Ave
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