Commercial space For Sale in Jersey City, NJ
MLS# : 240011696
PROPERTY DETAILS
PROPERTY DESCRIPTION
Investment Property well located on the corner and accessible from many New Jersey towns and locations. With access to New York through public transportation, bus, light rail station and major highways. Location is the key to this beautiful brick Commercial Investment Property. Very welcome and spacious first floor commercial space with 2 half baths as well. It also features more than one space within it. Currently occupied with three entrances to the space. One entrance from Mallory Ave and the other two emergency exits on Williams Ave. The second floor residential area can be accessed form it's entrance on 90 Williams Ave. Offers an eat in kitchen, 3 bedrooms, 2 full bathrooms, 1 living room / dining room and 2 bonus rooms. Three car closed in garages that can be accessed through inside the first floor or outside for privacy. 162 Mallory have been well maintained and offers amazing rare space for living and business use. The location has multiple commercial investments in the same area that have been staples in the community for many years. With parking at a premium in Jersey City this Investment has it's own. The basement is front to back accessible with two exits as well. Schedule your showings with us and prepare to invest in Mallory Ave. Community that is being redeveloped from the beginning of the Avenue until the end. Lincoln Park is just minutes away for outside enjoyment and West Side Ave or Rt 440 can be accessible in minutes for many of your shopping needs. The community offers educational institutions in the same area. Residential and Commercial Investment is a great opportunity to start your Investment Portfolio today!*taxes are of 2023 tax record*
Amenities
This listing is a courtesy of BRICK STREET REALTY NJ LLC
201-479-8280 office, listing agent MEYON WIGGINS
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $676,026 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $653,404 |
| Apatments Sold* (12mo): | 1,041 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,000 - 3,495,000 | 81 avail |
| Condos : | $155,000 - 6,995,000 | 443 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,995,000 | 14 avail |
| 2-4 Fam : | $425,000 - 3,495,000 | 133 avail |
| 5+ Fam : | $1,200,000 - 2,999,999 | 5 avail |
| Land : | $399,000 - 6,750,000 | 16 avail |
| Rentals : | $1,546 - 7,295 | 67 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 10 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $70,000 - 2,000,000 | 7 avail |
