Approved Development Opportunity in
For Sale
$7,500,000
120 STORMS AVE JC, Jersey City, NJ 07306
Approved 7-story residential building project with 101 units in Jersey.
Property SizeContact for details
Days on Market449
Property Features for 120 STORMS AVE JC
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$2,422
Listing Agency:
LIBERTY REALTY LLC
Listed By:
BRUNO MELE
Source:
Corcoran
Added: May 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIBERTY REALTY LLC
Investment Insights
Based on property information with market context.
An exceptional development opportunity is available in Jersey City at 120 Storms Avenue. The fully approved project is ready for construction of a 7-story residential building. The building will feature 101 units, including 19 studios, 75 one-bedroom apartments, 5 two-bedroom apartments, and 2 three-bedroom apartments. The property includes 34 on-site parking spaces. The location is near Journal Square, PATH trains, local shops, and restaurants, situated in a rapidly growing area of Jersey City.
Key Highlights
- Fully approved project ready for immediate ground breaking.
- Prime location in the heart of Jersey City, near Journal Square.
- 101 thoughtfully designed residential units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,786
Businesses Nearby
Explore this area
Business Placement
Demographics for 07306, NJ
55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Approved 7-story residential building project with 101 units in Jersey.
Where is this apartment building located?
The property is located at 120 STORMS AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Fully approved project ready for immediate ground breaking.; Prime location in the heart of Jersey City, near Journal Square.; 101 thoughtfully designed residential units.
