Commercial space For Sale in Jersey City, NJ
MLS# : 250011410
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime Redevelopment Opportunity in Jersey City a rare commercial offering situated in the heart of Jersey City’s high-rise redevelopment zone. This 0.07-acre parcel (approx. 40' x 78.82') was formerly used as an auto body repair shop and presents endless potential for investors, developers, and visionary end-users. Located just steps from key transit lines and nestled in a rapidly evolving neighborhood, this property is ideal for mixed-use or vertical redevelopment (subject to zoning approvals). With its flexible commercial zoning, existing infrastructure, and strategic location, this site offers unmatched value in one of Hudson County’s most promising growth corridors.
Amenities
This listing is a courtesy of KEYES RED DOOR REALTY & ASSOCIATES LLC
201-890-4045 office, listing agent TONYA KEYES
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): | $743,504 |
| Homes Sold* (12mo): | 224 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $673,873 |
| 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 : | $275,000 - 3,495,000 | 55 |
| Condos : | $135,000 - 4,148,000 | 534 |
| Co-ops : | $400,000 - 739,000 | 5 |
| Twnhs : | $369,000 - 2,099,000 | 15 |
| 2-4 Fam : | $449,000 - 3,495,000 | 123 |
| 5+ Fam : | $1,250,000 - 1,650,000 | 2 |
| Land : | $299,000 - 3,995,000 | 20 |
| Rentals : | $2,000 - 16,500 | 41 |
| Mixd Use : | $649,999 - 1,650,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $175,000 - 550,000 | 4 |
