505 Newark Avenue

Jersey City, NJ 07306

$2,350,000
Price
9,279 / 0.21
Lot Size / Acres

Description

Development Opportunity in Journal Square. Ordinance and Survey attached in Docs. No Maximum Density in the Neighborhood Commercial Zone - Bulk Standard Only. 5 Story Mixed-Use permitted with limited parking required. Property is a Through-Lot that runs Newark Ave to Pavonia. A Site Study conducted by Hampton Hill Architecture of Jersey City concluded a Building Footprint of approximately 5300 SF. NC Zone allows 4 Stories over Grd Fl Commercial/Retail.Development Opportunity in Journal Square. Ordinance and Survey attached in Docs. No Maximum Density in the Neighborhood Commercial Zone - Bulk Standard Only. 5 Story Mixed-Use permitted with limited parking required. Property is a Through-Lot that runs Newark Ave to Pavonia. A Site Study conducted by Hampton Hill Architecture of Jersey City concluded a Building Footprint of approximately 5300 SF. NC Zone allows 4 Stories over Grd Fl Commercial/Retail.
  1. Listed by DAVID DE PIERRO • PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

Property Details for 505 Newark Avenue

Area
JC, Journal Square

Location

Listing Courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY, DAVID DE PIERRO
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LISTING UPDATED: 04/04/2024 12:59 AM

Property Details for 505 Newark Avenue

StatusActive
MLS #240003349
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVACANT LAND / Vacant Land
Year Built-
Lot Size0.21 AC
CountyHudson County

Location

Listing Courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY, DAVID DE PIERRO
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Building Information for 505 Newark Avenue

Lot Size0.21 AC

Payment Calculator

$12,825 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,825

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 505 Newark Avenue

Summary
Location and General Information
  • Address: 505 NEWARK AVE
  • Address Number: 505
  • Address Search Number: 505
  • Between: Pavonia & Chestnut
  • Street Name: NEWARK AVE
  • City Name: JC, Journal Square
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 02-22-2024
Property
Lot Information
  • Block: 9706
  • Lot: 7
  • Lot Sq Ft Apx: 6184
  • Zoning: Neighborhood Commercial
  • Lot Dimensions: 72.30 X 128.35
  • Sq Ft Total: 6184
Property and Assessments
  • Associated Document Count: 2
  • Charge: Y

Property History for 505 Newark Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Newark Avenue

Taxable ValueLand$430,100Additions$248,100Total$678,200
Home Facts
Lot Size3,149,388 SqFtStyleReligiousYear Built1940ZoningR-2CountyHUDSONAPN06 09706-0000-00007

Schools near 505 Newark Avenue

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dr. Michael Conti School
PublicPK to 8

Dr. Ronald Mc Nair Academy High School
Public9 to 12

James J. Ferris High School
Public9 to 12

Liberty High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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505 Newark Avenue is a 0.21 ac of land for sale in Jersey City, NJ 07306. This property was listed for sale on February 22, 2024 by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY, it's currently listed at $2,350,000. This listing's school district is Jersey City Public School District. Nearby schools include Dr. Michael Conti School, Dr. Ronald Mc Nair Academy High School and James J. Ferris High School. 505 Newark Avenue is a 0-bed, 0-bath, 0.21 ac of land on a 9,279 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY, DAVID DE PIERRO

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/28/2024 02:31 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.