MLS# : 250009745
PRIME MIXED-USE CORNER ASSET – 548 Jersey Ave, Jersey City, NJ INCOME-PRODUCING | HIGH-TRAFFIC LOCATION | 2 BLOCKS TO GROVE ST PATH Welcome to 548 Jersey Ave — a standout, fully renovated three-unit mixed-use brick building ideally positioned at a high-visibility corner in the heart of Downtown Jersey City. This trophy building offers tremendous upside with solid in-place income and strong future potential. Whether you're a seasoned investor or owner-user looking for a live-work opportunity, this property checks all the boxes. Seller Financing available PROPERTY HIGHLIGHTS: Approx. 1100 SF retail storefront + basement – currently home to a charming, long-standing flower shop with 30 years of neighborhood legacy. Incredible street presence and heavy foot traffic. Two beautifully upgraded 2-bedroom residential units with separate utilities, high-end finishes, and in-unit washer/dryers. Potential for a rooftop deck – unlock additional value and lifestyle appeal. 1-minute walk to Grove St PATH – effortless 10-minute commute to Manhattan’s Financial District. RESIDENTIAL UNIT DETAILS: Unit 1: 2 Bed / 1.5 Bath – High ceilings, hardwood floors, modern kitchen & baths, dishwasher, washer/dryer in unit. Ideal layout for rental or owner occupancy. Unit 2 (Duplex): Spans 2nd & 3rd floors – spacious open concept with abundant natural light, stainless steel appliances, marble-tiled bathrooms, hardwood throughout, and generous closets. A turnkey luxury rental in a prime location. LOCATION, LOCATION, LOCATION: Just steps from Newark Ave’s vibrant retail & dining corridor, surrounded by boutique shops, restaurants, and nightlife. The proximity to the PATH and the energy of the neighborhood create high desirability and low vacancy risk. INVESTMENT SUMMARY: Prime corner lot with strong curb appeal Mixed-use asset with long-term commercial tenant Fully renovated interiors – no deferred maintenance Rare value-add potential via rooftop development Zoned for high traffic, transit-oriented mixed-use This is your opportunity to own a true Downtown Jersey City gem — location, income, stability, and upside all in one package.
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent CYNTHIA STAMBOULIAN
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 |
Average Price* (12mo): | $667,015 |
Apatments Sold* (12mo): | 1,089 |
Homes : | $350,000 - 3,495,000 | 53 |
Condos : | $150,000 - 4,048,000 | 501 |
Co-ops : | $475,000 - 839,000 | 6 |
Twnhs : | $369,000 - 2,099,000 | 10 |
2-4 Fam : | $330,500 - 3,495,000 | 117 |
5+ Fam : | $1,200,000 - 1,650,000 | 3 |
Land : | $325,000 - 7,500,000 | 19 |
Rentals : | $1,600 - 4,350 | 60 |
Mixd Use : | $649,999 - 1,650,000 | 6 |
Com S : | - | |
Com L : | - | |
Biz : | $60,000 - 2,000,000 | 7 |
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All information deemed reliable but not guaranteed. Last date updated: 05/30/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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