Commercial space For Sale in Hoboken, NJ
MLS# : 250012427
PROPERTY DETAILS
PROPERTY DESCRIPTION
Large investment opportunity on great downtown location across the street from the hospital. This property has not been family owned for decades. It consists of a double lot (approx. 43x102.5) with 2 4 story red brick buildings on it and an adjacent vacant lot (approx. 25x105). The total lot area is over 7,000sq./ft. The first and second floor of the building(s) on the double lot occupy almost the entire lot. On the third and fourth floor are two large residential apartments with 4 bedrooms each. The vacant lot is approx. 25x105 and has an existing curb cut. The location is ideal for a medical office or urgent care facility on the ground floor. The entire property will be delivered vacant at closing. Great location close to Church Square Park and walking distance to the path.
Amenities
This listing is a courtesy of SINGLETON GALMANN RE
201-656-5400 office, listing agent ANNE PELLETIER
About Hoboken, NJ Real Estate Market
Originally settled as a part of the Pavonia colony in New Netherland in the 17th century, Hoboken is now a fully developed city, the foundation stone of which was laid by Colonel John Stevens in the early 19th century. At that time, Hoboken existed in parts of Bergen Township and North Bergen Township and emerged as an independent city in 1855.
During most of the duration of the 20th century, Hoboken remained an integral part of the Port of New York and New Jersey and was a base for several industries. In the current day and age, Hoboken has become a fully-developed residential area with the best examples of Hudson County real estate with large-sized single-family houses and residential skyscrapers and condominiums.
| Population: | 54,142 |
| Total Housing Units: | 27,809 |
| Single Family Homes: | 2,355 |
| Apartments: | 25,454 |
| General Tax Rate (2023): | 1.628% |
| Effective Tax Rate (2023): | 1.032% |
| Compare To Other Towns |
Hoboken Market Indicators
PRICE INDEX
| Average Price* (12mo): | $2,341,524 |
| Homes Sold* (12mo): | 25 |
SINGLE FAMILY HOME SALES
Hoboken, NJ
PRICE INDEX
| Average Price* (12mo): | $887,762 |
| Apatments Sold* (12mo): | 526 |
APARTMENT SALES
Hoboken, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.628% |
| Effective Tax Rate (2023): | 1.032% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
