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$990,000 Just Listed
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Property Description
Prime redevelopment opportunity in the heart of the Jersey City Heights business district, located on the same block as the much hyped Central Avenue Redevelopment Zone. The property sits on a 20' x 120' lot and features two side-by-side street-level commercial spaces with rear yard, offering strong redevelopment potential. Surrounded by mid-rise development this site benefits from an established density profile and long-term upside. A NYC bus stop directly in front of the property provides a quick and convenient commute to Manhattan, enhancing both residential and commercial appeal. Also located just under 2 miles to the burgeoning Journal Square Redevelopment Zone which aims to establish the area as a thriving business, residential, cultural, and transit hub. Currently income-producing with month-to-month tenants in place, allowing immediate cash flow with flexibility for redevelopment. A compelling opportunity for developers and investors seeking a well-located asset in one of Jersey City's most active growth corridors. 2 tenants have a month by month lease. Approximately 1424 square feet combined plus a backyard. Two utility meters
Full Property Details
Full Property Details for 362 Central Ave
General
- Price: $990,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260000462
- Updated: 1/14/2026
- Added to Site: 4 day(s) ago
Location
- County: Hudson
- Location Details: Bowers St
Structural Information
- Stories in Building: 1
- # of Stores: 1
Lot Features
- Lot Size: 20 x 120
- Lot Dimensions: 20 x 120
Financial Considerations
- For Sale/Rent/Lease: For Sale
Listed by Compass New Jersey, Llc (551) 212-3870
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Schools
Schools serving 362 Central Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Charles E. Trefurt School 96 Franklin Street, Jersey City, NJ 07307 | PK-5 | 0.3 mi |
Franklin L Williams Ms No7 222 Laidlaw Avenue, Jersey City, NJ 07306 | 6-8 | 0.7 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 362 Central Ave
Date
Details
Price
Change
Source
1/13/2026
Listed
$990,000
141.46%
MLS
1/18/2017
Sold
$410,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 362 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,108
-1%
$407,900
—
2023
$9,166
6%
$407,900
—
2022
$8,639
32%
$407,900
—
2021
$6,543
32%
$407,900
—
2021
$4,946
-21%
$407,900
—
2019
$6,282
321%
$407,900
307%
2018
$1,492
-81%
$100,300
—
2017
$7,823
1%
$100,300
—
2016
$7,724
3%
$100,300
—
2015
$7,504
—
$100,300
—
2013
$7,488
—
$100,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 362 Central Ave
362 Central Ave, Jersey City, NJ 07307 (MLS# 260000462) is a Commercial property. 362 Central Ave is currently listed for $990,000 and was received on January 13, 2026. Want to learn more about 362 Central Ave? Do you have questions about finding other Commercial real estate for sale in Heights? You can browse all Heights real estate or contact a Coldwell Banker agent to request more information.

