Commercial space For Sale in Jersey City, NJ
MLS# : 250011336
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to an exceptional opportunity to acquire a highly visible commercial condominium at 391 Central Avenue, nestled in the vibrant heart of Jersey City Heights. This spacious 1,900 sq ft ground-floor unit boasts an enviable location directly across from Chase Bank, offering unparalleled exposure and a steady stream of potential customers. The flexible, open layout, complemented by soaring ceilings and expansive front windows, provides an ideal canvas for a diverse range of businesses, including retail, office, cafe, medical practices, or various service-based operations. The property benefits immensely from its prime positioning on Central Avenue, one of Jersey City Heights' most dynamic commercial corridors. This bustling thoroughfare is a hub of activity, surrounded by a thriving ecosystem of national tenants, successful local businesses, and dense residential communities, ensuring a robust built-in customer base. Furthermore, accessibility is a significant advantage, with convenient access to public transportation, including bus routes that connect directly to NYC, Journal Square, and Hoboken PATH stations. Ample municipal parking options are also available nearby, adding to the convenience for both clientele and employees. This commercial condominium presents a compelling opportunity for either an owner-user seeking to establish or expand their business in a high-growth area, or for a savvy investor looking for a lucrative asset. Don't miss this rare chance to own a piece of Jersey City Heights' flourishing commercial landscape.
Amenities
This listing is a courtesy of COLDWELL BANKER REALTY
201-212-5026 office, listing agent JILL K BIGGS
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): | $715,928 |
| Homes Sold* (12mo): | 228 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $667,015 |
| Apatments Sold* (12mo): | 1,089 |
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 - 3,495,000 | 46 |
| Condos : | $150,000 - 4,048,000 | 497 |
| Co-ops : | $475,000 - 839,000 | 6 |
| Twnhs : | $369,000 - 2,099,000 | 10 |
| 2-4 Fam : | $330,500 - 3,495,000 | 115 |
| 5+ Fam : | $1,299,999 - 1,650,000 | 2 |
| Land : | $325,000 - 7,500,000 | 20 |
| Rentals : | $1,600 - 16,500 | 50 |
| Mixd Use : | $649,999 - 1,650,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 6 |
