Commercial space For Sale in Jersey City, NJ
MLS# : 250003974
PROPERTY DETAILS
PROPERTY DESCRIPTION
Marvelous income generating mixed use building with 5 apartments and two stores. Sitting on larger lot size of 25x106, all separate utilities and updated permits. You will just take over and would be able to close faster. Restaurant business has all approved permits on vent and electric. The building has partial finished very clean basement and large backyard for extra storage or can be converted as extension or garden. Welcome to fast developing West Side Ave, upcoming Bay Front Redevelopment. This building is just few blocks away from West Side Light Rail transfer to Exchange Place/Manhattan/Hoboken or Bayonne. Near to NJCU, Route 440, less than 30 minutes to Newark Int'l Airport and Journal Square, closer to Hudson Mall. Very convenient to transportation, over 50+ good restaurants, pizzeria and shops. So much more that Jersey City has to offer! Big Lincoln Park, great schools, doctors offices and many more. Make an appointment today!
Amenities
This listing is a courtesy of WEICHERT REALTORS
201-333-4443 office, listing agent NENITA ROQUE
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): | $720,864 |
| Homes Sold* (12mo): | 225 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $661,544 |
| Apatments Sold* (12mo): | 1,076 |
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 : | $375,000 - 2,895,000 | 64 |
| Condos : | $155,000 - 4,148,000 | 371 |
| Co-ops : | $529,000 - 529,000 | 1 |
| Twnhs : | $424,999 - 1,749,000 | 9 |
| 2-4 Fam : | $384,900 - 2,750,000 | 114 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 |
| Land : | $299,000 - 5,500,000 | 13 |
| Rentals : | $1,546 - 7,095 | 75 |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 425,000 | 7 |
