Description

Let your business prosper! Great opportunity available at a busy intersection in the center of The Heights neighborhood of Jersey City. Residential properties are the majority here, and the demand for quality retail options is high. Don’t be left behind!

Located on the corner of Summit Avenue and Zabriski Street, this highly-visible three-story mixed-use building is well-suited for the neighborhood and is only one block west of the primary commercial thoroughfare. The area is zoned R-1, and is densely saturated with one and two-family homes. The Heights Neighborhood enjoyed a 10.5% spike in population during the 1990’s, and because of this great location its growth is likely to continue.

Area Demographics:

                                       The Heights                  Jersey City

Area:                        2.056 sq. miles                 14.9 sq. miles
Population:                   57,322                           247,597
Density:                     27,877 per sq. mile        16,094 per sq. mile
Median Household     $58,249                           $57,166
Income:

With easy access to major highways and routes, this opportunity is not only in a bustling area but also in one that is convenient for traveling, either for work or pleasure. The New Jersey Turnpike (Interstate 95) is around four miles west, and just about a mile east is the Turnpike Extension (Interstate 78). Less than three miles east is Hoboken, and it’s only eight and a half miles to the center of Central Park in Manhattan.

Just three blocks south on Summit Avenue residents and visitors of The Heights neighborhood can enjoy Pershing Field Park’s 14 acres of sports recreation fields, playgrounds, an ice-skating rink, and a indoor swimming pool. A few doors down at 14 Zabriskie Street is the Heights Branch of the Jersey City Free Public Library, which is dedicated to providing resources and assistance to this culturally diverse community. Also within walking distance are coffee shops, restaurants, a deli, a laundromat, and grocery stores. Nicolas Copernicus Elementary School is one block west on John F. Kennedy Boulevard.

Property Details and Highlights:

• Three stories with great exposure, easy access, and at a busy intersection
• 4,980 square feet total
• 108’ road frontage on Zabriskie, 20’ frontage on Summit
• Two retail spaces on ground level, two apartments on the second and third levels
• Designated off-street parking for four cars, and plenty of on-street parking
• Desirable location, close to major highways and patrons that reside nearby
• Pedestrian-friendly, earning an 89 on walkscore.com

There has been a strong initiative in recent years to improve the quality, safety, and appearance of the streets and properties in The Heights. One of the determined forces in this project is the Central Avenue Special Improvement District Management Corporation (CASID), a non-profit group whose office is one block away from this property on Summit Avenue. Examples of its work and missions include:

• Promotes positive economic and social growth in the district and surrounding areas by providing resources and support to business owners, and assisting them in following through on maintenance, efficient management, and improvements.
• Administrative support available for current business owners, as well as people considering opening a business in the area. Their staff has ability to promote operating businesses with marketing, website maintenance, and graphic design.
• Assists in the general improvement of the area’s buildings’ appearance and functionality, including graffiti and litter, parking issues, and obtaining grants and incentives.
• In 1994, a $1.5 million streetscape renovation was initiated, and, with cooperation from architecture firm Miceli, Kulik, Williams and Associates, provided the district with new sidewalks, lighting, landscaping, benches, trash receptacles, and much more. All came together to give the area an updated, hometown look.
• Cooperates with the Jersey City Police Department, also stationed on nearby Central Avenue, to address any safety concerns in the Heights neighborhood.
• Promotes special events that bring people out to enjoy what the streets and businesses have to offer. The “Everything Jersey City Festival” occurred on May 22, 2010 and brought an estimated 23,000 people to the Heights district for a day of fun activities, and plans are in effect for even better success of festivals in the future.

This revitalized and reinvigorated district is focused on the success of your business. You couldn’t make a better move!