Commercial space For Sale in Jersey City, NJ
MLS# : 250018056
PROPERTY DETAILS
PROPERTY DESCRIPTION
Turn-Key Mixed-Use 4 Residential Units + Active Commercial Space + Private Parking Freshly updated and delivered with all four residential units unoccupied, this building is ready for immediate lease-up and accelerated income growth. Perfect for value-add investors or those seeking to occupy and earn. Features: 4 Fully Renovated Residential Units – Delivered vacant and ready to lease 1 Ground-Floor Commercial Space – Active tenant provides day-one cash flow 4 Off-Street Parking Spaces – A rare amenity in Jersey City Modern Finishes – Clean, updated interiors throughout Highlights: *Walk Score: 98 – Steps to parks, groceries, dining & daily essentials *Prime Jersey City Heights Location – Fast-growing and highly walkable *Commuter-Friendly – Quick access to Hoboken, NYC, PATH, light rail & major bus lines Why Invest Here? * Multiple Income Streams * Delivered Vacant for Strategic Leasing * Immediate Cash Flow from Commercial Tenant * Desirable Neighborhood with Strong Tenant Demand Schedule a Privet Tour Today!
Amenities
This listing is a courtesy of PRIME REAL ESTATE GROUP
201-792-4300 office, listing agent TATYANA GABRUSKA
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): | $736,588 |
| Homes Sold* (12mo): | 219 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $679,503 |
| Apatments Sold* (12mo): | 1,098 |
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 : | $349,900 - 3,495,000 | 66 |
| Condos : | $189,000 - 4,048,000 | 494 |
| Co-ops : | $418,000 - 529,500 | 2 |
| Twnhs : | $369,000 - 2,099,000 | 15 |
| 2-4 Fam : | $400,000 - 3,600,000 | 125 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 20 |
| Rentals : | $1,725 - 5,250 | 38 |
| Mixd Use : | $949,000 - 1,650,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 7 |
