Commercial space For Sale in Jersey City, NJ
MLS# : 250018441
PROPERTY DETAILS
PROPERTY DESCRIPTION
Investor Calling!!! Here's a unique investment opportunity you don't want to miss! This meticulously maintained mixed-use building boasts five 2-bedroom apartments, each with its bathroom, and two retail stores with half-baths. The property's standout feature is its separate utilities, ensuring efficient management. Plus, it comes with a finished basement, adding to its appeal. Located on a 25 x 106 lot, this property is within easy reach of a range of amenities, including restaurants, shops, schools, hospitals, parks, and the esteemed Jersey City University. With its excellent public transit connections and proximity to major highways, you'll find it a breeze to navigate to New York City and other New Jersey towns. Set in a community that's on the rise, near Lincoln Park, you'll discover a wealth of shopping and dining options along West Side and Communipaw Avenues. This is a prime location for those who want to be part of a vibrant, evolving neighborhood
Amenities
This listing is a courtesy of HOME STAR REALTY INC.
201-347-6855 office, listing agent MERCEDITA MARASIGAN
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 : | $318,000 - 3,495,000 | 70 |
| 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 - 5,200 | 40 |
| Mixd Use : | $949,000 - 1,950,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 8 |
