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Property Description

GRID Real Estate, LLC. (“GRID”), has been exclusively engaged by 2980 Kennedy LLC (the “Owner”), to market 2976-80 Kennedy Blvd, Jersey City, NJ, 07306, (the “Property”). The property is in the Journal Square CBD, one of Jersey City’s fastest growing neighborhoods. The property is a mixed-use property, consisting of four retail stores and 4 recently renovated residential units. 

Investment Highlights
Rare Mixed-Use Investment Opportunity! 
Excellent access to PATH Transportation Center!
In the Opportunity Zone and the award-winning Journal Square 2060 Redevelopment Plan!
Jersey City is one of the fastest growing cities in the Northeast!
Address Map
2980
Kennedy Blvd
07306

2980 Kennedy Blvd, Jersey City

2980 Kennedy Blvd, United States, New Jersey

$3,100,000
Basic Details
Property Type : Mixed Use
Listing Type : Sold
Asking Price : $3,100,000
Highlights :
EXCELLENT ACCESS & TRANSPORTATION
The property is two blocks from the PATH Transportation Center in Journal Square which provides access to the World Trade Center and to midtown Manhattan in as little as 11 and 18 minutes, respectively. These factors combined with Jersey City’s ongoing transition into a 18 hour city, makes Jersey City one of the fastest growing cities in the Northeast.
GOLD COAST’S ENGINE OF GROWTH!
Jersey City is one of the fastest growing cities in the Northeast. Long considered a national model for redevelopment, Jersey City is rapidly transitioning into a 18 hour city. Stunning new residential buildings, art galleries, boutiques, clubs, bars, cafes and restaurants are making Jersey City a vibrant place to live, work and play! 
#3 RANKED OPPORTUNITY ZONE IN THE NATION
Journal Square is ranked #3 out of 8,700 Opportunity Zones nationally. Journal Square is ranked #3 for Top Smart Growth Potential according to a national report by LOCUS.
WINNING DEMOGRAPHICS
Jersey City is one of New Jersey’s most densely populated cities with more than 270,000 residents within 17 square miles. The city’s population has experienced stunning growth since the 2000 census reported 240,000 residents—a testament to Jersey City’s steady renaissance. Since the beginning of the Jersey City renaissance, high wage earners from Manhattan, Northern New Jersey and other parts of the country and world have fueled the relentless demand for high quality housing and retail space in Jersey City. Moreover, the new trend of “lifestyle renters” choosing to live in diverse urban neighborhoods with great access to quality transportation has also spurred the Jersey City growth.
Agent info
Bobby Antonicello Jr.
GRID Real Estate
Contact Agent
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