See Home Value
$1,097,148*
Commercial - Off Market

737 BERGEN AVE

JC, Journal Square, NJ 07306
bedrooms
Studio
bathrooms
0 Bath
$675,000 - $823,000
Reference Base Price*
46.48%
Since Jul 1, 2019
NY-New York
Primary Model

About This Property

Ideal Investment Location for development in the heart of McGinley Square Special Improvements District. This 21x109 lot holds a mixed-use three story building made up of two residential units and one commercial storefront with tremendous potential, more so with possibility for added height and volume. The ground level business is vacant and offers approximately 1800 SqFt while the two 2bedroom units are currently at under-market rent rates. Take advantage of a prime opportunity as development surges in this Journal Square neighborhood, a little more than half mile to the PATH Train Plaza. This area currently boasts of four bus routes crossing it's path while the "JSQ 2060 Redevelopment Plan" envisions the creation of a street car/light rail linking JSQ to McGinley Sq. Surrounded by multiple upcoming luxury developments; St Peters University and it's approved plan for a newest tower as part of the McGinley Square East Redevelopment Plan, the Armory Redevelopment Plan, the upcoming Monticello Triangle units and more.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$8,663
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold $1,335,000
Sold
Jun 19, 2019 No longer available -
No longer available
Feb 14, 2019 Price Decreased $749,000
↓ $25K (3.2%)
Price Decreased
Jan 20, 2019 Price Decreased $774,000
↓ $50K (6.1%)
Price Decreased
Dec 21, 2018 Listed $824,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$784,400 Nov 30, -0001
$719,000 Feb 10, 2023
-
Multifamily
Stu
-
-
$799,000 Nov 30, -0001
$799,000 Feb 24, 2022
-
Multifamily
Stu
-
-
$799,000 Nov 30, -0001
$765,000 Jan 31, 2022
-
Multifamily
Stu
-
-
$669,900 Nov 30, -0001
$650,000 Dec 30, 2022
-
Multifamily
Stu
-
-
$850,000 Nov 30, -0001
$850,000 Feb 11, 2022
-
Multifamily
Stu
-
-
$875,000 Nov 30, -0001
$885,000 Jan 21, 2022
-
Commercial
Loft
-
-
$777,000 Dec 14, 2022
-
$1,000/mo
Multifamily
5 Beds
-
-
$750,000 Feb 14, 2023
-
-
Multifamily
6 Beds
-
-
$749,000 Nov 10, 2022
-
-
Condo
3 Beds
2.5 Baths
1,682 ft²
$445/ft²
$749,000 Mar 2, 2023
-
-
Condo
3 Beds
3 Baths
1,300 ft²
$577/ft²
$750,000 Jan 31, 2023
-
-
House
5 Beds
3 Baths
-
$739,999 Feb 21, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181221
12/21/2018
Studio
-
-
$824,000
bedrooms
Studio
bathrooms
-
-
-
-
VERA MARINO
WEICHERT REALTORS

Building Info

737 Bergen Avenue 737 Bergen Avenue, Jersey City, NJ 07306
More about this Building
737 Bergen Avenue
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About McGinley Square


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