Mixed-Use Property with
For Sale
$899,000
305 Summit Ave, Jersey City, NJ 07306
Multi-Family, Jersey City, NJ
Property SizeContact for details
Lot Size0.07 Acres
Days on Market8
Property Features for 305 Summit Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Basement, Bathroom 1, Bathroom 2, Bedroom 3
Patio and Porch features
Patio
Exterior features
Patio
Elementary school
MARTIN
Middle school
CONWELL
High school
LIBERTY
Directions
Property between Montgomery St and Summit Ave
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15144
Utilities
Water source
Public
Building Details
Year built
1978
Number of units
3
Roof type
Shingle
Listing Agency:
PREMIER HOMES
(908) 245-6767
Listed By:
HELENE HALABI-JURGENSEN
(800) 245-2272
Added: Aug 25
Changed: Aug 27
Last Checked: Sep 1 at 1:06PM
MLS# 4048771
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 305 Summit Ave in Jersey City, this mixed-use property combines two currently rented apartments with one commercial storefront and a basement. The building was constructed in 1978 and includes a patio, shingle roof, and public water service. The residential component includes four bedrooms and three bathrooms based on the listed room details.
Access to Route 1&9, the NJ Turnpike, I-78, and other Jersey City thoroughfares connects the property with Downtown Jersey City, surrounding areas, and New York City. The Jersey City Courthouse is approximately 5 minutes away, while Journal Square is approximately 6 minutes away. The 0.07-acre site offers a compact footprint for a combined residential and commercial asset.
Access to Route 1&9, the NJ Turnpike, I-78, and other Jersey City thoroughfares connects the property with Downtown Jersey City, surrounding areas, and New York City. The Jersey City Courthouse is approximately 5 minutes away, while Journal Square is approximately 6 minutes away. The 0.07-acre site offers a compact footprint for a combined residential and commercial asset.
Key Highlights
- Two currently rented apartments plus one commercial storefront
- Basement and patio included
- Approximately 5 minutes from the Jersey City Courthouse
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,410
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?
Mixed-use property - Two rented apartments complement a commercial storefront, basement, and patio in a compact residential-commercial property.
Where is this mixed-use property located?
The property is located at 305 Summit Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two currently rented apartments plus one commercial storefront; Basement and patio included; Approximately 5 minutes from the Jersey City Courthouse
