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Redevelopment Residential Building Site
For Sale
$1,250,000
Pending

396 Baldwin Ave, Jersey City, NJ 07306

Knockdown redevelopment site currently planned for a new 6-unit residential building, subject to buyer verification.

Property SizeContact for details
Days on Market74

Property Features for 396 Baldwin Ave

General Information

Standard status Pending
Property subtype Residential Income
Listing Agency: HUDSON DIGS REALTY LLC
Listed By: YE ZHANG · License #1642868
Source: Exprealty
Added: Jun 29 Changed: Sep 7 Last Checked: Sep 9 at 7:35AM

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 HUDSON DIGS REALTY LLC

Investment Insights

Based on property information with market context.

This is a redevelopment opportunity at 396 Baldwin Avenue in Jersey City, NJ, currently described as a knockdown property. The site presents the opportunity to construct a new 6-unit residential building, with all zoning, approvals, and development requirements to be independently verified by the buyer.

The property is positioned for access to the Journal Square area, with nearby connection to the Journal Square PATH Station referenced in the remarks for commuting to Manhattan, along with proximity to shopping, dining, parks, universities, and major highways.

For development-focused buyers, the key practical takeaway is that an existing structure is identified as a knockdown, and the intended outcome is a new small multifamily project, pending applicable approvals and permitting.

Key Highlights

  • Knockdown redevelopment site at 396 Baldwin Avenue in Jersey City
  • Planned new construction: a 6‑unit residential building, subject to buyer verification of zoning and approvals
  • Existing home has 5 bedrooms and 6 total bathrooms (5 full, 1 half)

Property Analytics

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Current Use

El Sitio Grocery & Convenience Store

Suggested Use

Top Pick Nursing Home Pet Store & Service Veterinary Clinic Adult Day Care (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

4,487
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Knockdown redevelopment site currently planned for a new 6-unit residential building, subject to buyer verification.
Where is this apartment building located?
The property is located at 396 Baldwin Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Knockdown redevelopment site at 396 Baldwin Avenue in Jersey City; Planned new construction: a 6‑unit residential building, subject to buyer verification of zoning and approvals; Existing home has 5 bedrooms and 6 total bathrooms (5 full, 1 half)
More about this property
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