Land For Sale • 0.08 AC
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.
| 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) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) | 2 min | 12 min | 0.6 mi |
| Journal Square (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) | 3 min | 18 min | 0.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Grove Street (Journal Square-33rd Street - Port Authority Trans-Hudson (PATH), Newark Penn Station-World Trade Center - Port Authority Trans-Hudson (PATH)) | 2 min | 12 min | 0.6 mi |
| 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)) | 5 min | 17 min | 0.9 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)) | 3 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)) | 3 min | 20 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)) | 4 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Newark Liberty International | 13 min | - | 9.1 mi |
| LaGuardia | 31 min | - | 13.8 mi |
| John F Kennedy International | 42 min | - | 21.8 mi |
Joachim Horvitz
Compass
Joachim Horvitz
Compass