Commercial space For Sale in Jersey City, NJ
MLS# : 260005121
PROPERTY DETAILS
PROPERTY DESCRIPTION
Opportunity meets vision with this rare double-lot commercial property totaling 5,000 square feet, ideally located in the sought-after Journal Square area on the border of the West Side. Currently operating as a place of worship, the property offers a solid structure with flexible interior space, making it ideal for redevelopment or adaptive reuse. Whether you’re an investor or developer, this is a prime opportunity to renovate, repurpose, or tear down and build a new construction. The lot size and footprint open the door to a compelling redevelopment concept. Envision a ground-floor parking garage, three floors of residential units above for strong income potential, and a rooftop deck designed as a shared lounge and BBQ area for future occupants. The existing use allows for interim functionality while plans and approvals are secured. Conveniently located just up the street from NJ-440 and one block from JFK Boulevard, the property offers excellent access to public transportation, making commuting into NYC seamless. Surrounded by shopping, dining, and the vibrant culture of Jersey City. This location continues to see strong growth and demand. Bring your vision and strategy! This is a unique opportunity to create something special.
Amenities
This listing is a courtesy of REAL
855-450-0442 office, listing agent HOLLAND MACK
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 (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $752,459 |
| Homes Sold* (12mo): | 179 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $374,999 - 1,750,000 | 39 |
| Condos : | $165,000 - 6,499,000 | 483 |
| Co-ops : | $350,000 - 564,000 | 3 |
| Twnhs : | $449,900 - 2,300,000 | 10 |
| 2-4 Fam : | $415,000 - 2,299,000 | 108 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 3 |
| Land : | $600,000 - 4,500,000 | 23 |
| Rentals : | $1,750 - 5,800 | 52 |
| Mixd Use : | $1,400,000 - 1,899,000 | 4 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 900,000 | 15 |
