Commercial space For Sale in Jersey City, NJ
MLS# : 240022030
PROPERTY DETAILS
PROPERTY DESCRIPTION
Calling all investors and owner-occupiers looking for their next value add reno project in Jersey City! Welcome to 150 West Side Ave, a prime 2-unit mixed-use property adjacent to Hackensack Riverfront redevelopment zone along Route 440. This property offers a fantastic investment opportunity with two units and air rights in the back of the property. Framed out and ready for completion by its next owner, Unit One features 1,500 sq ft of space plus basement storage, with 12 ft ceilings, perfect for a business venture on a corner lot. The second-floor unit has approved plans for a 3-bedroom, 2-bath residence with in-unit washer/dryer, private terrace, and mini splits. Bring your vision to life in this vacant property ready for renovation! Reach out to schedule your private tour today.
Amenities
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent ERIK J GOLDFARB
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): | $681,604 |
| Homes Sold* (12mo): | 212 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $653,199 |
| Apatments Sold* (12mo): | 1,013 |
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 | 79 avail |
| Condos : | $155,000 - 6,995,000 | 429 avail |
| Co-ops : | - | |
| Twnhs : | $424,999 - 1,995,000 | 18 avail |
| 2-4 Fam : | $425,000 - 3,495,000 | 141 avail |
| 5+ Fam : | $1,200,000 - 2,999,999 | 4 avail |
| Land : | $250,000 - 6,750,000 | 16 avail |
| Rentals : | $1,546 - 7,295 | 64 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 8 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $70,000 - 2,000,000 | 7 avail |
