Commercial space For Sale in Jersey City, NJ
MLS# : 250007768
PROPERTY DETAILS
PROPERTY DESCRIPTION
Presenting an exceptional opportunity for retail space in a prime Southwest corner location, right off of Newark Avenue, the main Retail Row in Downtown Jersey City, this property boasts an abundance of natural light through its expansive, decorative windows. The unit is elegantly designed and modern, high ceilings, gold-painted moldings, ceramic tiling, and recessed lighting, creating a sophisticated and inviting atmosphere. Strategically positioned within a Neighborhood Commercial zoning and the Special Improvement District, this location benefits from significant visibility and foot traffic, especially due to its proximity to Public School 5. The entire building underwent a comprehensive renovation in 2005, ensuring all aspects—from exterior brick and electric wiring to plumbing, walls, and windows—are of the highest quality. Custom finishes include crown and chair rail molding, along with bespoke paintwork. The versatile space offers a total of 900 square feet, which can be utilized as a single expansive area or subdivided into two 450 square foot units. Utility services, including electricity and climate control, are shared with the adjoining rear space. Additionally, the property is surrounded by a vibrant array of dining options such as White Eagle Hall, Madame Claude Bistro, and Prato Bakery, providing ample opportunities for client entertainment or casual dining experiences. This location combines aesthetic appeal with functional design, making it an ideal choice for any discerning retail business.
Amenities
This listing is a courtesy of COMPASS NEW JERSEY, LLC
201-627-4947 office, listing agent ADAM BICKOFF
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): | $708,406 |
| Homes Sold* (12mo): | 224 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $660,323 |
| Apatments Sold* (12mo): | 1,095 |
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 : | $350,000 - 2,795,000 | 57 |
| Condos : | $150,000 - 4,048,000 | 493 |
| Co-ops : | $350,000 - 839,000 | 5 |
| Twnhs : | $535,000 - 1,700,000 | 10 |
| 2-4 Fam : | $280,900 - 3,500,000 | 125 |
| 5+ Fam : | $890,000 - 1,650,000 | 5 |
| Land : | $325,000 - 5,500,000 | 17 |
| Rentals : | $1,600 - 5,600 | 54 |
| Mixd Use : | $649,999 - 1,650,000 | 8 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 5 |
