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325-329 Newark Ave
Jersey City, NJ 07302 Historic Downtown Jersey City

$4,400,000 USD

Land For Sale  •  0.08 AC

Property Details

  • Property Type Land
  • Lot Size 0.08 AC
80 Transit Score
100 Walk Score

Description

325–329 Newark Avenue offers an outstanding development opportunity within one of Jersey City’s most vibrant neighborhoods. This 0.1-acre parcel is approved for a five-story mixed-use building featuring 16 residential units and one ground-floor commercial space. With existing structures set for demolition under approved permits, developers benefit from a streamlined path to construction and reduced predevelopment risk.

Situated in The Village neighborhood of Downtown Jersey City, the site enjoys exceptional transit connectivity with the Grove Street PATH Station only a short walk away, providing direct access to Manhattan in minutes. The property sits near the lively Newark Avenue pedestrian plaza, an area well known for its dining, shopping, and nightlife options. This combination of accessibility, foot traffic, and proximity to key lifestyle amenities makes the location highly attractive for both residential tenants and commercial occupants.

As Jersey City continues to experience dynamic growth, demand for quality residential units and commercial space remains strong. Limited availability of fully approved development sites in this corridor further enhances the investment appeal of 325–329 Newark Avenue, making it an excellent opportunity for developers looking to deliver a high-value asset in a proven market.

Highlights

Fully approved for 16 residential units + ground-floor commercial
Sought-after Downtown Jersey City Location close to PATH train access to New York City
Fully Market Rate Units (no affordable component)

Public Transportation

Commuter RailDriveWalkDistance
Grove Street (Journal Square - 33rd Street - Port Authority Trans-Hudson Corporation, Journal Square - 33rd Street (via Hoboken) - Port Authority Trans-Hudson Corporation, Newark - World Trade Center - Port Authority Trans-Hudson Corporation) 2 min 11 min 0.6 mi
Journal Square (Newark - World Trade Center - Port Authority Trans-Hudson Corporation) 2 min 17 min 0.9 mi
Transit/SubwayDriveWalkDistance
Harsimus Cove (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 4 min 16 min 0.8 mi
Jersey Avenue (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 17 min 0.9 mi
Marin Boulevard (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 2 min 19 min 1.0 mi
Pavonia Newport (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 3 min 19 min 1.0 mi
Harborside Financial Center (22nd Street-Hoboken Terminal - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail), West Side Avenue-Tonnelle Avenue - Hudson-Bergen Light Rail (Hudson-Bergen Light Rail)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Newark Liberty International 12 min - 8.9 mi
LaGuardia 29 min - 13.6 mi
John F Kennedy International 39 min - 21.8 mi
Joachim Horvitz Compass
Joachim Horvitz Compass