374 Summit Ave, Jersey City, NJ, 07306
About This Home
Here is a terrific opportunity to own a professionally maintained five-family property in the heart of Journal Square. Ideally located within a rapidly expanding redevelopment zone, the property sits adjacent to the Hudson County Community College campus and just a few blocks from the Journal Square PATH station, offering exceptional accessibility to New York City. This 25 x 100 property presents a solid investment opportunity, surrounded by significant ongoing improvements and new developments that continue to enhance the neighborhood's growth and long-term value. Don't miss the opportunity to be part of one of Jersey City's most dynamic and evolving areas.
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Materials
- Roof: See Remarks
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $503 | $6,036 |
| Property Taxes | $1,820 | $21,840 |
| Electricity | $193 | $2,318 |
| Total | $9,595 | $115,140 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Pending sale | $1,400,000 |
| 2025-10-28 | Listed for sale | $1,400,000 |
For Sale by Agent
View on Zillow