Commercial space For Sale in Jersey City, NJ
MLS# : 250000648
PROPERTY DETAILS
PROPERTY DESCRIPTION
Developer Opportunity: Prime Dual Lot Offering on Pine Street in Bergen Lafayette! With 50 feet of combined frontage, these properties present the perfect opportunity for a single cohesive development or a combination of historic restoration and modern construction. A rare and exciting opportunity for developers to acquire two adjacent 25’ x 100’ lots located at 279 and 281 Pine Street. These properties, offered as a package, provide unparalleled potential for creative redevelopment in a sought-after location. 279 Pine Street features 2 story commercial space with historic significance, offering the possibility of a unique renovation or adaptive reuse. 281 Pine St is a vacant lot ready for development. This blank canvas offers flexibility for a new build to complement the neighboring historic structure or stand as a standalone project. Note, these lots must be purchased together. Conveniently located next to the Light Rail, Liberty State Park, Shops, Restaurants and Nightlife.
Amenities
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent ALBERT NGAI
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): | $711,295 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $657,792 |
| Apatments Sold* (12mo): | 1,062 |
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 : | $225,000 - 3,495,000 | 67 avail |
| Condos : | $149,900 - 4,148,000 | 367 avail |
| Co-ops : | $549,000 - 549,000 | 1 avail |
| Twnhs : | $424,999 - 1,749,000 | 12 avail |
| 2-4 Fam : | $403,900 - 2,750,000 | 93 avail |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 avail |
| Land : | $300,000 - 5,500,000 | 17 avail |
| Rentals : | $1,546 - 7,095 | 73 avail |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $50,000 - 2,000,000 | 11 avail |
