Introducing 306-310 Newark Ave, a rarely available development site in the heart of Jersey City’s vibrant downtown. This unique property comes with approved plans for a 12-unit residential building, complete with a versatile commercial space on the ground floor—ideal for attracting retail or service businesses to cater to this bustling neighborhood. Strategically located just a 10-minute walk to the Grove Street PATH station and near the popular pedestrian plaza, this site offers unmatched convenience for commuters, providing a quick and easy transit option to NYC. Downtown Jersey City’s continued growth, coupled with limited availability of development-ready sites, makes this an exceptional investment opportunity. Seize the chance to build in a sought-after area with high rental demand and close proximity to dining, entertainment, and key transit hubs. Don’t miss out on adding this rare asset to your portfolio!
Property Details
Property Features
Listing Office:
Office Name: COMPASS NEW JERSEY, LLC
Office Phone: (551) 212-3870
Price Information
Listing Price Info
Price Summary:
List Price: $4,200,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
Frank R. Conwell School
111 Bright St
Distance between this listing and this school0.51 miles
Public District Grades PK-5
7
/10
Jotham W. Wakeman School
100 Saint Pauls Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
9
/10
Cornelia F. Bradford School
96 Sussex St
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Nearby Schools
8
/10
Dr. Michael Conti School
182 Merseles St
Distance between this listing and this school0.11 miles
Public District Grades PK-8
5
/10
Rafael Cordero y Molina School
158 Erie St
Distance between this listing and this school0.41 miles
Public District Grades PK-8
5
/10
Frank R. Conwell Middle School
107 Bright St
Distance between this listing and this school0.47 miles
Public District Grades 6-8
Nearby Schools
10
/10
Dr Ronald Mcnair High School
123 Coles St
Distance between this listing and this school0.23 miles
Public District Grades 9-12
2
/10
James J. Ferris High School
35 Colgate St
Distance between this listing and this school0.25 miles
Public District Grades 9-12
2
/10
William L. Dickinson High School
2 Palisade Ave
Distance between this listing and this school0.43 miles
The neighbors living near this home have an average income of $76,786. The most common annual income of people living in Jersey City, NJ is between $100k-200k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 306 Newark Ave
What is the listing price of this property?
The listing price of 306 Newark Ave property is $4,200,000.
What type of property is this?
The property 306 Newark Ave is land located in Jersey City, New Jersey, 07302.
Is this property for sale now?
Active Listing: 306 Newark Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 306 Newark Ave in Jersey City, NJ and zip code 07302 in the The Village neighborhood. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $4,200,000.
Over 30 listings were sold over their listed price in November 2024 in Jersey City, NJ. In the same period over 73 listings were sold below the listed price and 14 listings were sold for the listed price. The number of listings in Jersey City, NJ increased by 1.3% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $715,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
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