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Map
$1,097,148*
●
Commercial -
Off Market
737 BERGEN AVE
JC, Journal Square, NJ 07306
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
12/21/2018
|
|
Studio
|
-
|
-
|
$824,000
Studio
-
|
-
-
|
-
|
VERA MARINO
WEICHERT REALTORS
|
Building Info
About McGinley Square
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