Commercial space For Sale in Jersey City, NJ
MLS# : 250021760
PROPERTY DETAILS
PROPERTY DESCRIPTION
Prime mixed-use brick building in the heart of Jersey City, full of character and potential! This versatile 3-story property offers approx. 2,200 sq. ft. of commercial space on the ground floor — ideal for retail, restaurant, or office use. Previously set up for an ice cream shop, the space is ready for your next business venture. Above the storefront, you’ll find two residential units: a comfortable 1-bedroom apartment on the 2nd floor and a spacious 3-bedroom, 2-bath unit with a private balcony on the 3rd floor. Located directly across from the Light Rail and steps from the City Hall Annex, this building sits in a vibrant commercial plaza surrounded by shops, restaurants, and transit options. Easy access to NYC, major highways, and all public transportation. This solid brick property with timeless character needs some TLC and minor repairs, offering excellent value-add potential for owner-operators or investors. A rare opportunity to live, work, and invest in one of Jersey City’s most dynamic and growing corridors!
Amenities
This listing is a courtesy of WEICHERT REALTORS
201-333-4443 office, listing agent SANDY E CUEVAS
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 : | $379,900 - 3,195,000 | 71 |
| Condos : | $169,000 - 4,048,000 | 517 |
| Co-ops : | $360,000 - 529,500 | 4 |
| Twnhs : | $369,000 - 1,775,000 | 22 |
| 2-4 Fam : | $379,900 - 3,195,000 | 148 |
| 5+ Fam : | $1,650,000 - 1,650,000 | 1 |
| Land : | $85,000 - 7,900,000 | 20 |
| Rentals : | $1,700 - 6,250 | 50 |
| Mixd Use : | $1,599,000 - 1,950,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 450,000 | 8 |
