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    191 Academy St, Unit JC Jersey City, NJ 07306

    For Sale
    $1,350,000

    Vacant Land - JC, Journal Square, NJ

    Days on Market:
    131
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 191 Academy St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    Keller Williams City Life JC Realty (201) 433-1111 [email protected]

    Listing agent AARON VISCO (201) 433-1111 License #1004745

    Listing date Jul 29, 2025

    MLS# 250015404 Listing URL

    Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Journal Square Vacant Land Opportunity

    This vacant land, located in Jersey City's Journal Square, must be sold with the adjacent lot at 193 Academy St. Each lot measures 25 feet by 100 feet, totaling a combined area of 50 feet by 100 feet. Together, the two lots have full approval for the construction of a 23-unit rental building. The location is just blocks from the Journal Square PATH station, providing direct transportation to New York City. The approved city planning and design allows for a mix of 1-bedroom and 1-bedroom-plus-den units, ranging in size from 600 to 1100 square feet. Architectural plans and unit layouts are available upon request. This represents a development opportunity to add to your portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0629861
    Latitude
    40.7271866

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    FAQs

    What type of property is this?
    Land - Two adjacent lots approved for 23-unit residential development near PATH.
    Where is this land located?
    The property is located at 191 Academy St, Unit JC Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - 23 Units FULLY APPROVED TO BUILD; - 50 X 100 Lot (combined with 193 Academy St); - Blocks from Journal Square PATH (offering direct transportation to NYC)
    (201) 433-1111
    Request Owner's contact information
    191 Academy St, Unit JC Jersey City, NJ 07306
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    Jersey City, NJ 07306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    191 Academy St, Unit JC Jersey City, NJ 07306
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