Development Site in Jersey
For Sale
$775,000
556 WEST SIDE AVE JC, Jersey City, NJ 07304
Shovel-ready mixed-use development site with approved concept plans.
Property Size679 SF
Price / SF$1,141
Days on Market160
Property Features for 556 WEST SIDE AVE JC
General Information
Standard status
Active
Size
679 SF
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$5,186
Listing Agency:
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
(201) 333-7717
Listed By:
BASILIO RIVERA · License #1008875
Source:
Corcoran
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:28AM
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.
This is a shovel-ready development site located in Jersey City's West Side neighborhood. The property is situated within the NC-1 Neighborhood Commercial District and includes fully executed conceptual architectural plans for a 5-story mixed-use building. The proposed program requires no variances, confirmed via Zoning Determination Letter ZDL-2024-000414 from the City of Jersey City. The concept 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, or office use. A commercial-only program allows up to 64 ft. Roof amenities include a 733 SF roof deck and a 641 SF green roof. The site is transit-oriented, located approximately 1.5 miles from the Journal Square PATH station.
Key Highlights
- Shovel‑ready development site with fully executed conceptual architectural plans for a 5‑story mixed‑use building.
- As‑of‑right development opportunity; no variances required, confirmed by Zoning Determination Letter ZDL‑2024‑000414.
- Premium unit mix: four 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 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Shovel-ready mixed-use development site with approved concept plans.
Where is this commercial land located?
The property is located at 556 WEST SIDE AVE JC 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: Shovel‑ready development site with fully executed conceptual architectural plans for a 5‑story mixed‑use building.; As‑of‑right development opportunity; no variances required, confirmed by Zoning Determination Letter ZDL‑2024‑000414.; Premium unit mix: four 3BR/2.5BA units (1,394 SF each).
