Listing Agency: Marcus & Millichap - New Jersey a***@marcusmillichap.com Show Phone

Listed By: Devin Perez · License #NJ 1004553

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:12AM

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Investment Insights

Based on property information with market context.

This mixed-use property contains 5,300 SF of building area and is located at 1180 Summit Ave in Jersey City, New Jersey. The asset is offered for sale and is identified as a mixed-use property with multifamily, residential income, storefront, and retail classifications in the property record.

Key Highlights

• 5,300 SF mixed‑use property
• Located at 1180 Summit Ave, Jersey City, NJ 07307
• Offered for sale

Property Analytics

Property Profile

Current Use

EL RICO SABOR ... Association Or Organization Stock's Barbershop Barber Shop Neat Geeks Clean (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Catering Service Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,005

Businesses Nearby

Explore this area Business Placement

Demographics for 07307, NJ

44,247

Population

18,762

Households

2.4

Avg Household Size

35

Median Age

46%

College-Educated

87%

High-School Grad

1.9 sq mi

ZIP Area

23,288

Density / Sq Mi

$80,745

Median Household Income

$52,729

Median Earnings

$1,708

Median Rent

$574,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Commercial asset combining multiple property functions within one building.

Where is this mixed-use property located?

The property is located at 1180 Summit Ave Jersey City, NJ.

What are key features of this property?

This property features: 5,300 SF mixed‑use property; Located at 1180 Summit Ave, Jersey City, NJ 07307; Offered for sale