Commercial space For Sale in Jersey City, NJ
MLS# : 250019448
PROPERTY DETAILS
PROPERTY DESCRIPTION
Calling all investors, business owners and house hackers! Welcome to 130 West Side Ave, a fully renovated 3-unit mixed-use property in Jersey City. Located adjacent to the Hackensack Riverfront redevelopment zone along Route 440, this property offers a fantastic investment opportunity. With thousands of rental units and a retail space coming to the neighborhood, the opportunity is here to purchase a investment property to live in and rent out the rest of the building or open a business and have residential tenants subsidize your monthly expenses for long term success. The retail space boasts a 1,200 sq ft with 12 ft ceilings and spiral ductwork for central A/C + 1,200 sq ft storage space in the basement. Unit one is a beautifully renovated 1-bedroom plus den, 1-bath unit featuring in-unit washer/dryer and mini-splits. Unit two is a 1-bedroom, 1-bath unit with a private terrace, in-unit washer/dryer, and mini-splits. Both residential units have been meticulously renovated from top to bottom, featuring modern kitchens with white shaker cabinets, stainless steel appliances and radiant heated floors throughout. Additionally, each unit comes with dedicated carport parking. Reach out to schedule your private tour today
Amenities
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent ERIK J GOLDFARB
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): | $726,881 |
| Homes Sold* (12mo): | 217 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,984 |
| Apatments Sold* (12mo): | 1,113 |
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 - 2,099,000 | 72 |
| Condos : | $189,000 - 4,048,000 | 526 |
| Co-ops : | $418,000 - 529,500 | 2 |
| Twnhs : | $3,000 - 2,099,000 | 20 |
| 2-4 Fam : | $400,000 - 2,750,000 | 135 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 19 |
| Rentals : | $1,725 - 6,250 | 53 |
| Mixd Use : | $1,600,000 - 1,950,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 6 |
