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$3,995,000

306 Newark Ave Jersey City, NJ 07302

Land

Property details

About 306 Newark Ave

Introducing 306-310 Newark Ave, a rarely available development site in the heart of Jersey City’s vibrant downtown. This unique property comes with approved plans for a 12-unit residential building, complete with a versatile commercial space on the ground floor—ideal for attracting retail or service businesses to cater to this bustling neighborhood. Strategically located just a 10-minute walk to the Grove Street PATH station and near the popular pedestrian plaza, this site offers unmatched convenience for commuters, providing a quick and easy transit option to NYC. Downtown Jersey City’s continued growth, coupled with limited availability of development-ready sites, makes this an exceptional investment opportunity. Seize the chance to build in a sought-after area with high rental demand and close proximity to dining, entertainment, and key transit hubs. Don’t miss out on adding this rare asset to your portfolio!

Highlights

Home typeOther
StatusActive
(ACTIVE)
MLS #240022909

Summary

  • List Price: $3,995,000
  • MLS Number: 240022909
  • MLS Name: HudsonCountyNJ
  • Office Name: COMPASS NEW JERSEY, LLC
  • Office Phone: (551) 212-3870

IDXThe data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than this broker are marked with the HCIDX mark and the information about them includes the name of the listing broker. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realty Multiple Listing System, Inc. Incorporated in 1952 (aka RMLS, Hudson County MLS). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Frank R. Conwell School

Public District PK-5

0.5 mi

111 Bright St

7

Jotham W. Wakeman School

Public District PK-5

0.8 mi

100 Saint Pauls Ave

9

Cornelia F. Bradford School

Public District PK-5

0.9 mi

96 Sussex St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $76,786. Typical income of Jersey City, NJ residents is between $100k-200k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
38%
35k-100k
41%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
7%
Single, with Kids
15%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
43%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 306 Newark Ave

The listing price of 306 Newark Ave property is $3,995,000.

The property 306 Newark Ave is land located in Jersey City, New Jersey, 07302.

Active Listing: 306 Newark Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 306 Newark Ave are: Frank R. Conwell School (GreatSchools Rating 6/10), Jotham W. Wakeman School (GreatSchools Rating 7/10), Cornelia F. Bradford School (GreatSchools Rating 9/10), Dr. Michael Conti School (GreatSchools Rating 8/10), Rafael Cordero y Molina School (GreatSchools Rating 5/10), Frank R. Conwell Middle School (GreatSchools Rating 5/10), Dr Ronald Mcnair High School (GreatSchools Rating 10/10), James J. Ferris High School (GreatSchools Rating 2/10), William L. Dickinson High School (GreatSchools Rating 2/10).

This home is located at 306 Newark Ave in Jersey City, NJ and zip code 07302 in the The Village neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $3,995,000.

Jersey City, NJ housing market in June 2025 saw over 32 listings sold above listed price, more than 19 sold at listed price and over 50 sold below. The number of homes for sale in Jersey City, NJ increased by 11.9% between May and June 2025. In June 2025 median list price was $715,000 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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