58-Unit Development Opportunity at 161 Van Wagenen Ave


161-Vanwagenan-Ave-Jersey-CityHere’s another unique investment opportunity that just came to market. An existing two story industrial building spanning 21,000 square feet with the potential to be reimagined into a multi-family adaptive reuse project. Plans also exist that call for the demolition of the existing structure to make way for a new 8-story building. Under these plans, 58 residential units could be built along with 35 parking spaces.

Located at 161 Van Wagenen Ave, the property is in close proximity to Mana Contemporary, the new 25 Senate Place and on the same block as the former Puccini’s, which sold for a reported $19.5 million and the new owners are planning significant re-development.

It’s listed for $3.15 million by Janie Spataro at Robert DeRuggiero Inc

[gmap height=”250px”]161 Van Wagenen Ave, Jersey City, NJ 07306[/gmap]

161 Van Wagenen Ave, Jersey City, NJ 07306


Have something to add to this story? Email [email protected].

Click here to sign up for Jersey Dig's free emails and news alerts. Stay up-to-date by following Jersey Digs on Twitter and Instagram, and liking us on Facebook.


  1. Lets spend 3mm to live on an industrial road and our views facing the path train… oh and a power station! THIS DEAL SHOULD NOT RESEMBLE PUCCINI’S!


COMMENTING POLICY: At Jersey Digs, our goal is to inspire thoughtful and respectful conversations. We ask that you keep a level head and an open mind as you discuss the complex issues facing our community. Members who are unable to maintain civility may be blocked from commenting and have their posts removed.

Please enter your comment!
Please enter your name here