Grid Real Estate Advisors has been exclusively retained and is proud to market 900 Bergen Ave in Jersey City (the,“Property”) for an outright sale or joint venture. The property is an existing approximately 25,000 Sqft mixed-use building with ground floor retail, 2 stories of offices above and basement. The property has approvals to build 50 market rate condos or apartments and retail. The property sits on 7,500 Square Feet.
The property is ideally located in on Bergen Ave in the Journal Square Core and is a short 950 feet from the entrance to the JSQ Path Station making this an ideal transit-oriented development. An amazing opportunity to capitalize on the incredible growth in Journal Square and one of the last remaining Journal Square gems with no affordable housing component.
The approved site plan calls for the addition of 5 Stories on top of the existing building and will contain 50 large residential condos or rental apartments, 5990 sqft of retail, self storage and retail storage in the basement.