Development Opportunity in Jersey
162 SUMMIT AVE JC, Jersey City, NJ 07304
For Sale
$589,000
Development-ready lot with approved plans in prime location.
Property SizeContact for details
Days on Market222
Property Features for 162 SUMMIT AVE JC
General Information
Standard status
Property subtype
Listing Agency:
SKY REALTY INTERNATIONAL LLC
(201) 301-8400
Listed By:
REISHA BAKER · License NJ #1541401
(201) 301-4800
Source:
Corcoran
Added: Apr 7
Changed: Oct 25
Last Checked: Nov 12 at 8:06AM
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 SKY REALTY INTERNATIONAL LLC
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Investment Insights
Based on property information with market context.
This property presents a development opportunity in a prime Jersey City neighborhood. The lot is development-ready with approved plans to build 3 condos or a 3-family home, with the possibility of adding a 4th unit. This property is suited for new construction. The location is near the Journal Square area, with convenient access to the PATH train station, restaurants, cafes, and bus routes within a 10-15 minute walk.
Key Highlights
- Approved plans for 3 condos or a 3‑family home (with potential for a 4th unit).
- Development‑ready lot for immediate construction.
- Prime Jersey City location.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,973
Businesses Nearby
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Business Placement
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Development-ready lot with approved plans in prime location.
Where is this residential land & home lot located?
The property is located at 162 SUMMIT AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Approved plans for 3 condos or a 3‑family home (with potential for a 4th unit).; Development‑ready lot for immediate construction.; Prime Jersey City location.
