Commercial space For Sale in Jersey City, NJ
MLS# : 240020432
PROPERTY DETAILS
PROPERTY DESCRIPTION
A rare opportunity for an investor or owner/user. 3-Story brick building in the heart of Downtown Jersey City just one block from Grove St. Path Station. Approx. 6750 sq. ft. It is located in the Morgan/Grove/Marin Redevelopment Plan allowing the development as of right an additional story making the building 4-story. Ideal for residential, and commercial. Attractive zoning, currently 3-story. Top floor is 2300 sq. ft. loft space and is vacant just in case a prospective buyer would like to be owner/user for the building. Ideal for work space or live-in. First floor is currently a dance school. Rent is $5200/Month. Second Floor is 2-BR, rented for $3950/month. It will not last. Please call for more information and private showing.
Amenities
This listing is a courtesy of COLDWELL BANKER REALTY
201-963-1400 office, listing agent MEDHAT
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 | 78 avail |
| Condos : | $155,000 - 6,995,000 | 434 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,869,000 | 13 avail |
| 2-4 Fam : | $425,000 - 3,495,000 | 140 avail |
| 5+ Fam : | $1,200,000 - 2,999,999 | 5 avail |
| Land : | $399,000 - 6,750,000 | 16 avail |
| Rentals : | $1,546 - 7,295 | 66 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 10 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $70,000 - 2,000,000 | 7 avail |
