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Approved Mixed-Use Development Site
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517 Bergen Avenue, Jersey City, NJ 07304

Approved plans provide residential units above ground-floor commercial space within a five-story mixed-use project.

Property Size32,666 SF
Price / SF$61.23
Days on Market13

Property Features for 517 Bergen Avenue

General Information

Standard status Active
Size 32,666 SF
Class A
Property subtype Multifamily, Mixed Use, Land
Zoning NC-1 - Neighborhood Commercial District 1 (five stories or less)
Investment Type Redevelopment

Building Details

Buildings 1
Stories 5
Units 30
Tenancy Multi
Listing Agency: Grid Real Estate LLC
Listed By: Gregory Edgell · License #NJ 1541991
Source: Crexi
Added: Aug 19 Changed: Aug 31 Last Checked: Aug 31 at 8:59AM

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 Grid Real Estate LLC

Investment Insights

Based on property information with market context.

This mixed-use development site has an approved program for 30 residential units and 5 ground-floor commercial spaces. The planned building contains 32,666 SF of gross floor area distributed across five stories, with neighborhood commercial zoning under NC-1, which permits structures of five stories or less.

The corner parcel offers approximately 124 feet of frontage along Communipaw Avenue and 50 feet along Bergen Avenue. It sits within the Bergen-Lafayette / West Side submarket on Communipaw Avenue’s restaurant and retail corridor. Garfield Avenue and Liberty State Park Hudson-Bergen Light Rail stations provide connections to Journal Square, Hoboken, and the PATH system into Manhattan.

Key Highlights

  • Approved program for 30 residential units and 5 ground‑floor commercial spaces
  • 32,666 SF of gross floor area across five stories
  • NC‑1 - Neighborhood Commercial District 1 zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Carpet & Flooring Store Butcher

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

2,957
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved plans provide residential units above ground-floor commercial space within a five-story mixed-use project.
Where is this mixed-use property located?
The property is located at 517 Bergen Avenue Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approved program for 30 residential units and 5 ground‑floor commercial spaces; 32,666 SF of gross floor area across five stories; NC‑1 - Neighborhood Commercial District 1 zoning
(973) 610-5145 Call to check price and availability
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