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- LoopNet Team
772 Westside Ave
Jersey City, NJ 07306
Land For Sale
·
0.75 AC

Investment Highlights
- Approved for 130 market-rate units with 8,000 SF retail
- Adjacent to St. Peter’s University and Lincoln Park
- Projected NOI of $3.99M with strong unit mix and rent comps
- Three-block frontage near Journal Square PATH station
- Efficient five-story wood-frame construction permitted
- Located in a vibrant, transit-connected growth corridor
Property Facts
Description
Positioned in the heart of Journal Square, Jersey City, this fully approved 130-unit mixed-use development site offers a rare opportunity to capitalize on one of the region’s most dynamic growth corridors. Located at 772–788 West Side Avenue, the site spans 32,776.8 square feet with frontage on three blocks and zoning that supports up to 141,465.2 square feet of buildable space. Plans include 130 market-rate residential units, 8,000 square feet of retail, 14,000 square feet of amenity space, and 46 parking spaces, all within a five-story wood-frame construction—an efficient build type that keeps costs low. The property is just one mile south of the Journal Square PATH station, offering direct access to Manhattan and Newark Penn Station in under 20 minutes. Residents will enjoy proximity to Lincoln Park’s 270+ acres of green space, athletic facilities, and walking trails, as well as the vibrant West Side Avenue Business District filled with shops, restaurants, and groceries. Adjacent to St. Peter’s University, the site benefits from a well-maintained institutional neighbor and a built-in audience for retail and residential demand. With projected net operating income of nearly $4 million and a strong mix of studio, one-bedroom, and two-bedroom units, this development is poised to deliver long-term value in a neighborhood undergoing significant transformation. The area’s blend of historic charm, cultural diversity, and transit-rich infrastructure makes it a compelling investment for developers seeking scale, connectivity, and community appeal.
Links
Listing ID: 37521673
Date on Market: 9/3/2025
Last Updated:
Address: 772 Westside Ave, Jersey City, NJ 07306
The McGinley Square Land Property at 772 Westside Ave, Jersey City, NJ 07306 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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