Wood-Frame Over Podium Apartment
For Sale
Contact for pricing
511 Newark Ave, Jersey City, NJ 07306
Fully approved 40-studio apartment project with a ground-floor retail space.
Property SizeContact for details
Days on Market109
Property Features for 511 Newark Ave
General Information
Standard status
Active
Property subtype
Land
Additional Details
Multifamily Units
40
Building Details
Construction
wood-frame over podium
Listing Agency:
SERHANT
(917) 334-9663
Listed By:
Alexander Calle · License #NJ 1752924
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 21 at 5:52PM
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 SERHANT
Investment Insights
Based on property information with market context.
This property is a fully approved 40-studio apartment project designed for an all-studio concept. The building is described as a wood-frame over podium type and includes 1 retail space on the ground level.
The site is positioned with close proximity to the JSQ PATH and a bus stop in front, providing immediate access to downtown Jersey City.
The offering includes the approved plan for developing the residential units and maintaining street-level retail as part of the ground-floor component.
The site is positioned with close proximity to the JSQ PATH and a bus stop in front, providing immediate access to downtown Jersey City.
The offering includes the approved plan for developing the residential units and maintaining street-level retail as part of the ground-floor component.
Key Highlights
- Fully approved 40‑studio apartment project
- All‑studio concept property with 40 studio units
- Wood‑frame over podium construction
Property Analytics
Current Use
Lease Details
40
Residential units
Location Intelligence
Trade Area within ½ mile
5,178
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully approved 40-studio apartment project with a ground-floor retail space.
Where is this apartment building located?
The property is located at 511 Newark Ave Jersey City, NJ.
What are key features of this property?
This property features: Fully approved 40‑studio apartment project; All‑studio concept property with 40 studio units; Wood‑frame over podium construction
