Jersey City, NJ 07306 · Investment · For Sale · MLS 250021978
374 Summit Ave
$1,400,000
Investment
Use
5
Units
1
Parking spaces
194
Days Listed
About this property
Here is a terrific opportunity to own a professionally maintained five-family property in the heart of Journal Square. Ideally located within a rapidly expanding redevelopment zone, the property sits adjacent to the Hudson County Community College campus and just a few blocks from the Journal Square PATH station, offering exceptional accessibility to New York City. This 25 x 100 property presents a solid investment opportunity, surrounded by significant ongoing improvements and new developments that continue to enhance the neighborhood’s growth and long-term value. Don’t miss the opportunity to be part of one of Jersey City’s most dynamic and evolving areas.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07306
MLS #250021978
Space
Units5
Site & exposure
Parking spaces1
Investment
Annual taxes$16,750
Est. gross income$85,000
Est. operating expense$52,000
Rent controlYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 374 Summit Ave?
The asking price is $1,400,000.
What is 374 Summit Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 374 Summit Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
