Land For Sale in Jersey City, NJ
MLS# : 250025760
PROPERTY DETAILS
PROPERTY DESCRIPTION
632,634,636 Tonnelle Avenue | Jersey City, NJ- Block 2502 • Lots 20, 21, 22 An exceptional investment and development opportunity located along the highly traveled Tonnelle Avenue commercial corridor. This offering consists of three contiguous lots, each measuring 25.38 ft x 132 ft, for a combined total of 10,050.48 sq ft of land area — providing outstanding scale, frontage, and site flexibility for a wide range of commercial and redevelopment possibilities. This pivotal location is positioned within one of the region’s most sought-after commercial zones and is ideally suited for a broad spectrum of permitted uses — including retail sales of goods and services, office space, financial institutions, hotels, restaurants, service stations, self-storage facilities, and automotive repair or body shop operations. Featuring exceptional roadway visibility, consistent traffic volume, and strong surrounding commercial presence, this site offers premier exposure in a rapidly evolving marketplace. With its strategic location, versatile zoning potential, and rare assemblage of three adjoining parcels, the possibilities for this property are truly endless — making it an outstanding opportunity for developers, owner-operators, and investors seeking a high-impact site in a dynamic growth corridor.
Current Zoning & Permited Use
This listing is a courtesy of CENTURY 21 PREFERRED REALTY INC
201-792-7601 office, listing agent DIANE RIVERA
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $738,325 |
| Homes Sold* (12mo): | 220 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $310,000 - 2,895,000 | 48 |
| Condos : | $175,000 - 6,499,000 | 357 |
| Co-ops : | $410,000 - 449,000 | 2 |
| Twnhs : | $450,000 - 1,775,000 | 8 |
| 2-4 Fam : | $520,000 - 2,395,000 | 110 |
| 5+ Fam : | $1,400,000 - 1,650,000 | 3 |
| Land : | $499,000 - 4,500,000 | 14 |
| Rentals : | $1,680 - 7,500 | 33 |
| Mixd Use : | $1,400,000 - 1,899,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $18,500 - 900,000 | 10 |
