$2,975,000

Prime Development Opportunity in Booming Jersey City! Unlock the full potential of this high-visibility property at 361 Central Avenue, located in the heart of Jersey City’s thriving Central Business District. This expansive 9,800 SF commercial space offers immediate income potential while sitting on a zoned development site allowing up to 5 stories – with ground-floor commercial and residential units above (2nd–5th floors). Build 12 2 Bed 2 Bath 950+- Sq Ft units above the retail or 16-20 1 Bed 1 Bath Units. This is a rare opportunity for investors or developers to capitalize on Jersey City’s continued growth and strong demand for mixed-use residential properties. Flexible zoning allows for a variety of configurations: upscale apartments, condos, or long-term rentals – all above an anchor retail space in a well-trafficked corridor.