Your email has been sent.
772 Westside Ave 0.75 Acres of Residential Land Offered at $11,689,645 CAD in Jersey City, NJ 07306
INVESTMENT HIGHLIGHTS
- Approved for 130 market-rate units with 8,000 SF retail
- Adjacent to St. Peter’s University and Lincoln Park
- Projected NOI of $3.99M with strong unit mix and rent comps
- Three-block frontage near Journal Square PATH station
- Efficient five-story wood-frame construction permitted
- Located in a vibrant, transit-connected growth corridor
EXECUTIVE SUMMARY
Journal Square, Jersey City, is a neighborhood on the rise—where historic architecture, major redevelopment, and unmatched connectivity converge. With a PATH station at its core offering direct access to Manhattan, Journal Square is a favorite for homebuyers and investors seeking value, space, and long-term growth. The area blends cultural diversity with convenience, from international dining and local markets to landmarks like the restored Loew’s Jersey Theatre. Just minutes away, Lincoln Park offers 270+ acres of green space, trails, sports facilities, and scenic beauty, adding a rare touch of nature to urban living. For those looking to put down roots in a vibrant, transit-rich community with a promising future, Journal Square delivers.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $11,689,645 CAD | Lot Size | 0.75 AC |
| Price Per AC | $15,535,795.31 CAD |
| Price | $11,689,645 CAD |
| Price Per AC | $15,535,795.31 CAD |
| Lot Size | 0.75 AC |
Positioned in the heart of Journal Square, Jersey City, this fully approved 130-unit mixed-use development site offers a rare opportunity to capitalize on one of the region’s most dynamic growth corridors.
DESCRIPTION
Positioned in the heart of Journal Square, Jersey City, this fully approved 130-unit mixed-use development site offers a rare opportunity to capitalize on one of the region’s most dynamic growth corridors. Located at 772–788 West Side Avenue, the site spans 32,776.8 square feet with frontage on three blocks and zoning that supports up to 141,465.2 square feet of buildable space. Plans include 130 market-rate residential units, 8,000 square feet of retail, 14,000 square feet of amenity space, and 46 parking spaces, all within a five-story wood-frame construction—an efficient build type that keeps costs low. The property is just one mile south of the Journal Square PATH station, offering direct access to Manhattan and Newark Penn Station in under 20 minutes. Residents will enjoy proximity to Lincoln Park’s 270+ acres of green space, athletic facilities, and walking trails, as well as the vibrant West Side Avenue Business District filled with shops, restaurants, and groceries. Adjacent to St. Peter’s University, the site benefits from a well-maintained institutional neighbor and a built-in audience for retail and residential demand. With projected net operating income of nearly $4 million and a strong mix of studio, one-bedroom, and two-bedroom units, this development is poised to deliver long-term value in a neighborhood undergoing significant transformation. The area’s blend of historic charm, cultural diversity, and transit-rich infrastructure makes it a compelling investment for developers seeking scale, connectivity, and community appeal.
Presented by
772 Westside Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.