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$1,400,000
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Property Description
Two side-by-side properties in a designated redevelopment zone, totaling 50' x 100', present an extraordinary opportunity to shape the next chapter of Journal Square's growth. Moments from transit, parks, and vibrant commercial corridors, this prime assemblage offers scale, flexibility, and prestige, perfectly positioned for developers seeking long-term value in one of New Jersey's most dynamic urban markets. Ideal Uses: Student housing, residential, retail, or mixed-use development A few blocks from Journal Square PATH Station with unmatched access to New York City. High visibility with steady street traffic from two major campuses Located within one of New Jersey's fastest-growing development corridors This is a rare offering with the potential to make a lasting impact on the future of Journal Square. I'd love to share additional details and discuss how this opportunity could align with your development goals. For more details contact Courtenay Batcha & Ingrid Hart.
Full Property Details
Full Property Details for 374 Summit Ave
General
- Price: $1,400,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250021978
- Updated: 12/18/2025
- Added to Site: 86 day(s) ago
Location
- County: Hudson
- Location Details: Newkirk & Rock
Lot Features
- Lot Size: 25x100
- Lot Dimensions: 25 x 100
- Lot Description: 4
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Exclusions: Personal Property
- Inclusions: All Appliances and Fixtures
- Lead Paint Discl.: Yes
Listed by Prominent Properties Sotheby's International Realty (201) 795-5200
Get Pre-Approved Today
Schools
Schools serving 374 Summit Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King, Jr No. 11 Elementary School 886 Bergen Avenue, Jersey City, NJ 07306 | PK-8 | 0.1 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.5 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.7 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 0.8 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 1.7 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 374 Summit Ave
Date
Details
Price
Change
Source
10/23/2025
Listed
$1,400,000
—
MLS
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 374 Summit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,058
5%
$719,100
—
2022
$15,231
76%
$719,100
—
2021
$8,640
48%
$719,100
—
2021
$5,825
-47%
$719,100
—
2019
$11,074
263%
$719,100
251%
2018
$3,050
-81%
$205,000
—
2017
$15,990
1%
$205,000
—
2016
$15,787
3%
$205,000
—
2015
$15,338
1%
$205,000
—
2014
$15,240
—
$205,000
—
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 374 Summit Ave
374 Summit Ave, Jersey City, NJ 07306 (MLS# 250021978) is a Commercial property. 374 Summit Ave is currently listed for $1,400,000 and was received on October 23, 2025. Want to learn more about 374 Summit Ave? Do you have questions about finding other Commercial real estate for sale in Journal Square? You can browse all Journal Square real estate or contact a Coldwell Banker agent to request more information.

