35 Unit Multi-family Development | Jersey City, NJ | Green Villa RDP

For Sale

311-315 Bergen Avenue, Jersey City, NJ 07305

This Jersey City property for sale is located at 311-315 Bergen Avenue. The current listed sale price for 35 Unit Multi-family Development | Jersey City, NJ | Green Villa RDP is $2,400,000. 35 Unit Multi-family Development | Jersey City, NJ | Green Villa RDP is situated on a lot that is 0.48 acre in size.

Contacts

broker

Bruce Elia Jr.

KW - Bruce Elia Jr. - Fort Lee

(201) 917-5884

Property Details

  • Property Type VacantLand
  • Lot Size 0.48 Acre
  • Date Updated Apr 8, 2024
Jersey City is the second-most populous city in the U.S. state of New Jersey, after Newark. It is the county seat of Hudson County, and is the county's most populous city and its largest (by area).[10] As of the 2020 United States census, the city's population was 292,449, an increase of 44,852 (+18.1%) from the 2010 census count of 247,597, in turn an increase of 7,542 (+3.1%) from the 240,055 enumerated at the 2000 census. The Census Bureau's Population Estimates Program calculated that the city's population was 286,670 in 2022,[20] ranking the city the 74th-most-populous in the country. Constituting part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with 30.7 miles (49.4 km) of waterfront and extensive rail infrastructure and connectivity, the city is an important transportation terminus and distribution and manufacturing center for the Port of New York and New Jersey. The Holland Tunnel and PATH mass transit services connect across the Hudson River with Manhattan. Redevelopment of the Jersey City waterfront has made the city one of the largest centers of banking and finance in the United States and has led to the district and city being nicknamed Wall Street West. By 2023, the median rental rate in Jersey City of $2,295 per month was almost two-thirds higher than the national average and ranked ninth-highest among large U.S. cities. Rents in Jersey City were ranked second among 20 communities in the New York metropolitan area, behind New York City.KW Commercial and The Elia Realty Group are proud to present an exciting new opportunity to develop an approx. 35 unit multi-family building with two retail commercial storefronts and 39 parking spaces in thriving, Jersey City, NJ.

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Highlights

  • Green Villa Redevelopment Plan - 73 Unit Acre Designation
  • Property Lot Size of 20, 953 SF Equates to Approx. 35 Residential Units + 2 Retail Storefronts
  • Thriving Area with NYC Commuter Transportation in Walking Distance to Light Rail
  • Substantial Year Over Year Growth + Escalations of Rental Income and Parking Income

Getting around

  • 75/100

    Walk Score ®

  • 73/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Jersey City, NJ
  • Neighborhood Jackson Hill
  • Zip Code 07305
  • Market New Jersey

Points of Interest

  • Martin Luther King Drive

    0.26 miles

  • West Side Avenue

    0.28 miles

  • Garfield Avenue

    0.59 miles

  • Richard Street

    0.96 miles

  • Liberty State Park

    1.38 miles

  • Danforth Avenue

    1.44 miles

  • Journal Square Transportation Center

    1.65 miles

  • Jersey Avenue

    1.77 miles

  • Marin Boulevard

    2.04 miles

  • Grove Street (PATH)

    2.11 miles

  • Lukoil

    0.49 miles

  • BP

    0.57 miles

  • Speedway

    0.79 miles

  • Star

    1.01 miles

  • Exxon

    1.02 miles

  • Delta

    1.03 miles

  • Sunoco

    1.43 miles

  • Mobil

    1.57 miles

  • BP

    1.69 miles

  • U.S. Gas

    2.06 miles

  • West Side Avenue Park and Ride

    0.44 miles

  • Liberty State Park Park-Ride

    1.29 miles

  • Impark

    1.64 miles

  • Lot No. 7

    1.97 miles

  • SP+

    1.97 miles

  • ProPark

    2.17 miles

  • SP+ Parking

    2.21 miles

  • CarePoint Health Christ Hospital

    2.38 miles

  • LAZ Parking

    2.43 miles

  • NJ Transit Operations Employee Parking Lot

    2.44 miles

  • Ramada by Wyndham Jersey City

    1.58 miles

  • Hudson Plaza Motel

    1.70 miles

  • Haiban Inn

    1.80 miles

  • Residence Inn Jersey City

    2.19 miles

  • Canopy by Hilton

    2.22 miles

  • The Holland Hotel

    2.48 miles

  • DoubleTree

    2.48 miles

  • Hyatt House New Jersey

    2.54 miles

  • The Westin Jersey City Newport

    2.55 miles

  • Rodeway Inn

    2.55 miles

  • Bravo

    0.38 miles

  • Asian Food

    0.87 miles

  • Big Lots

    0.88 miles

  • Marshalls

    0.88 miles

  • P.C. Richard & Son

    0.93 miles

  • Acme

    1.05 miles

  • Kmart

    1.08 miles

  • Puchu's Grocery & Deli

    1.08 miles

  • National Wholesale Liquidators

    1.10 miles

  • C-Town

    1.43 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Bruce Elia Jr.

KW - Bruce Elia Jr. - Fort Lee

(201) 917-5884