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Mixed-Use Retail and Apartment
For Sale
Contact for pricing
Pending

300 Summit, Jersey City, NJ 07306

Mixed-use building includes retail/commercial space previously used as a dry cleaner and a second-floor apartment for income.

Property SizeContact for details
Days on Market133

Property Features for 300 Summit

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Additional Details

Multifamily Units 1
Listing Agency: Cervelli Real Estate & Property Management
Listed By: Chris Cervelli · License #9807944
Source: Crexi
Added: Apr 12 Changed: Aug 10 Last Checked: Aug 21 at 8:53PM

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 Cervelli Real Estate & Property Management

Investment Insights

Based on property information with market context.

This mixed-use property includes retail/commercial space that was formerly used as a dry cleaner and could be reopened. Some equipment remains on site, supporting the space’s existing buildout. The property also has a second-floor apartment that provides income to help offset financing costs.

Located in the heart of Journal Square in Jersey City, the area is described as a business district, residential neighborhood, and transportation hub. The Journal Square “Square” is at the intersection of Kennedy Boulevard and Bergen Avenue, with the broader area extending to locations including Bergen Square, McGinley Square, India Square, the Five Corners, and parts of the Marion Section.

The building’s current configuration supports retail/commercial use, and the listing also notes that other uses could include general office and restaurant, as well as doggie day care and additional retail/commercial space.

Key Highlights

  • Mixed‑use building with retail/commercial space previously used as a dry cleaner
  • Second‑floor apartment included, offering income to help offset mortgage cost
  • Some equipment remains in the former dry cleaner space

Property Analytics

Current Use

Friendly Airduct Clean HVAC Service

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Adult Day Care Clothing & Fashion Store

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

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,410
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 22% Apparel 9% Electronics 7%
McDonald's Dining
20,888 visits/mo 0.4 miles
Dunkin' Donuts Dining
13,894 visits/mo 0.4 miles
Chase Bank Shops & Services
11,854 visits/mo 0.5 miles
Rainbow Apparel
5,662 visits/mo 0.4 miles
SUBWAY Dining
5,451 visits/mo 0.2 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use building includes retail/commercial space previously used as a dry cleaner and a second-floor apartment for income.
Where is this retail space located?
The property is located at 300 Summit Jersey City, NJ.
What are key features of this property?
This property features: Mixed‑use building with retail/commercial space previously used as a dry cleaner; Second‑floor apartment included, offering income to help offset mortgage cost; Some equipment remains in the former dry cleaner space
(551) 200-3787 Call to check price and availability
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