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325-329 Newark Ave 0.08 Acres of Commercial Land Offered at $6,589,440 CAD in Jersey City, NJ 07302
Investment Highlights
- Fully approved for 16 residential units + ground-floor commercial
- Fully Market Rate Units (no affordable component)
- Sought-after Downtown Jersey City Location close to PATH train access to New York City
Executive Summary
Prime Development Opportunity in Downtown Jersey City
Introducing 325–329 Newark Ave, a rare opportunity to acquire a premier development site in the heart of Downtown Jersey City. The property is offered with approved plans for a 16-unit residential building with ground-floor commercial space, providing investors and developers the ability to deliver a high-quality mixed-use asset in one of the city’s most sought-after locations.
Positioned just a short walk from the Grove Street PATH Station and moments from the vibrant Newark Avenue pedestrian plaza, the site benefits from exceptional foot traffic and connectivity. Surrounded by an array of dining, retail, and nightlife destinations, the location offers strong appeal for both residential tenants and commercial users, with seamless access to Manhattan.
With Downtown Jersey City continuing to see strong rental demand and a limited pipeline of development-ready sites, 325–329 Newark Ave represents a compelling investment opportunity within a proven growth corridor. The combination of approved plans, scale, and prime location makes this an ideal project for developers seeking to capitalize on the area’s ongoing expansion.
Additionally, 306–310 Newark Ave is also available for sale, featuring approved plans for a 12-unit residential building with ground-floor commercial space, offered at $3.6M.
Introducing 325–329 Newark Ave, a rare opportunity to acquire a premier development site in the heart of Downtown Jersey City. The property is offered with approved plans for a 16-unit residential building with ground-floor commercial space, providing investors and developers the ability to deliver a high-quality mixed-use asset in one of the city’s most sought-after locations.
Positioned just a short walk from the Grove Street PATH Station and moments from the vibrant Newark Avenue pedestrian plaza, the site benefits from exceptional foot traffic and connectivity. Surrounded by an array of dining, retail, and nightlife destinations, the location offers strong appeal for both residential tenants and commercial users, with seamless access to Manhattan.
With Downtown Jersey City continuing to see strong rental demand and a limited pipeline of development-ready sites, 325–329 Newark Ave represents a compelling investment opportunity within a proven growth corridor. The combination of approved plans, scale, and prime location makes this an ideal project for developers seeking to capitalize on the area’s ongoing expansion.
Additionally, 306–310 Newark Ave is also available for sale, featuring approved plans for a 12-unit residential building with ground-floor commercial space, offered at $3.6M.
Property Facts
1 Lot Available
Lot
| Price | $6,589,440 CAD | Lot Size | 0.08 AC |
| Price Per AC | $79,599,912.59 CAD |
| Price | $6,589,440 CAD |
| Price Per AC | $79,599,912.59 CAD |
| Lot Size | 0.08 AC |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
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325-329 Newark Ave
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