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  • $1,591,000

    372 Summit Ave, Jersey City, NJ 07306

    0beds
    --sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $1,591,000 Zestimate®
    $--/sqft
    $3,522 Estimated rent

    Home value

    $1,591,000

    $1.51M - $1.67M

    $3,522/mo

    Zestimate® history
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    Owner options

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    $3,522/mo

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    $3,522/mo

    Rent Zestimate®

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    $8,887/mo

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    $8,887/mo

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    What's special

    This investment property, featuring a commercial space on the first floor and two apartments above, offers an exceptional development opportunity in the fast-growing Journal Square area. Just 2.5 blocks from the Journal Square Transportation Center, the location provides easy access to local bus services and the PATH train station, offering direct routes into NYC. Situated in the Journal Square Redevelopment Zone, this property presents a variety of possibilities for developers and investors. Its prime location near vibrant restaurants, schools, and businesses enhances its appeal, with potential for several additional floors pending variance approvals. The surrounding area has experienced significant growth in recent years, with multiple rental developments ranging from 29 to 132 units. Don’t miss out on the chance to invest in this prime location, offering tremendous development potential in one of Jersey City's most dynamic neighborhoods.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: StreetEasy,MLS#: S1737985

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Subdivision: Jersey City
    HOA
    • Services included: Maintenance
    Location
    • Region: Jersey City

    Financial & listing details

    • Date on market: 10/2/2024

    Price history

    DateEventPrice
    3/18/2026Listing removed$1,650,000
    Source: NJMLS #25038424 Report a problem
    10/28/2025Listed for sale$1,650,000
    Source: NJMLS #25038424 Report a problem
    10/1/2025Listing removed$1,650,000
    Source: NJMLS #24031676 Report a problem
    3/21/2025Price change$1,650,000-8.3%
    Source: NJMLS #24031676 Report a problem
    12/18/2024Listed for sale$1,800,000-10%
    Source: NJMLS #24031676 Report a problem
    1/28/2021Listing removed$2,000,000
    Source: Weichert Pro #202022879 Report a problem
    1/2/2021Price change$2,000,000-33.3%
    Source: Weichert Realtors #202022879 Report a problem
    10/8/2020Listed for sale$3,000,000
    Source: WEICHERT REALTORS #202022879 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Journal Square

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,591,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,591,000