Shovel-Ready West Side Development
For Sale
$775,000
556 W Side Ave, Jersey City, NJ 07305
Development site with approved plans for mixed-use building.
Property SizeContact for details
Days on Market174
Property Features for 556 W Side Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
(201) 333-7717
Listed By:
BASILIO RIVERA · License #1008875
(201) 333-7717
Source:
Exprealty
Added: Mar 5
Changed: Aug 21
Last Checked: Aug 25 at 9:07AM
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 PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Investment Insights
Based on property information with market context.
The property at 556 West Side Avenue is a shovel-ready development site located in Jersey City's West Side neighborhood. Situated within the NC-1 Neighborhood Commercial District, the property includes fully executed conceptual architectural plans for a 5-story mixed-use building. The proposed program requires no variances, as confirmed by Zoning Determination Letter ZDL-2024-000414 from the City of Jersey City, making it one of the few remaining as-of-right development opportunities of this scale in the area. The architect-stamped concept plans are ready for Site Plan application. The plans feature a premium unit mix, including four 3BR/2.5BA units, each measuring 1,394 SF. The ground floor includes 679 SF of commercial space suitable for retail, restaurant, or office use. The zoning allows for residential, retail, medical, and office uses. A commercial-only program allows for a height of up to 64 ft. Roof amenities include a 733 SF roof deck and a 641 SF green roof. The property is transit-oriented, with Journal Square PATH approximately 1.5 miles away.
Key Highlights
- As‑of‑right development: Fully conforming to zoning.
- Shovel‑ready: Architect‑stamped concept plans are ready for Site Plan application.
- Premium unit mix: Includes four large 3BR/2.5BA units (1,394 SF each).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,383
Businesses Nearby
Explore this area
Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Development site with approved plans for mixed-use building.
Where is this commercial land located?
The property is located at 556 W Side Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: As‑of‑right development: Fully conforming to zoning.; Shovel‑ready: Architect‑stamped concept plans are ready for Site Plan application.; Premium unit mix: Includes **four large 3BR/2.5BA units (1,394 SF each)**.
