Commercial space For Sale in Jersey City, NJ
 

MLS# : 250009745

Street : 548 JERSEY AVE
Price : $3,490,000
Town : Jersey City, NJ 07302
Annual Taxes : $22,328

PROPERTY DETAILS

PROPERTY DESCRIPTION

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.

Amenities

This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent CYNTHIA STAMBOULIAN

About Jersey City, NJ Real Estate Market

With an area of 21.13 square miles and a population of more than 290,000, Jersey City is one of the largest cities in the USA and the second-most populous city in New Jersey after Newark. A part of Hudson County from New Jersey and the New York metropolitan area, Jersey City is present on the west of Hackensack River, on a peninsula known as Bergen Neck.

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):  $715,928
Homes Sold* (12mo):  228
PRICE INDEX
SINGLE FAMILY HOME SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $667,015
Apatments Sold* (12mo):  1,089
PRICE INDEX
APARTMENT SALES

Jersey City, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.246%
Effective Tax Rate (2023):  1.944%
GENRAL TAX RATE - Jersey City, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

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Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
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Madisom Adams Sales Associate Maria Cisneros Martinez


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201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Real estate inventory
Jersey City
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


Similar Listings in Jersey City

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 05/30/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


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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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com