372 Summit Ave
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372 Summit Ave
4,000 SF 100% Leased Retail Building Jersey City, NJ 07306 $1,800,000 ($450/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 | Annual Per SF |
|---|---|---|
| Taxes |
$11,257
|
$2.81
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,257
|
$2.81
|
Financial Summary (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $11,257 |
| Annual Per SF | $2.81 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,257 |
| Annual Per SF | $2.81 |
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
$1,800,000
Price Per SF
$450
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)
Nearby Major Retailers
-
Ingrid Hart -
Prominent Properties Sotheby's Realty
(201) 320-8990
x7286
1 of 33
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372 Summit Ave
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