Commercial space For Sale in Hoboken, NJ
 

MLS# : 260005231

Street : 422 GRAND ST
Price : $799,000
Town : Hoboken, NJ 07030
General Tax Rate (2025) : 1.805%

PROPERTY DETAILS

PROPERTY DESCRIPTION

If you've been looking for the perfect spot to launch or grow your business, this updated Hoboken corner space could be the place! Located right at the busy intersection of 5th Street and Grand Street, this property combines two condominium units into one expansive, multi-level office. Updated in 2020, the space is currently set up as a modern medical office, but its flexible layout makes it a great fit for a variety of businesses. Whether you’re dreaming of a boutique pharmacy, a stylish beauty salon, a quiet massage or PT studio, or even a small co-working space. The layout is designed for maximum efficiency across two floors. On the first level, you'll find three private offices, a dedicated waiting room for your clients, and a half bathroom. Head to the second level for two additional offices, a second half bath, and a full kitchen suitable for a staff break room or a little extra prep space. With six rooms total and two separate entrances, you have plenty of room to customize the flow to suit your needs. Location is everything in Hoboken, and this spot delivers. You'll be situated in a vibrant, high-traffic area with great visibility and easy access to on-street parking. Plus, you’re just a short stroll from the light rail station, the historic Hoboken Terminal, and the beautiful Hoboken waterfront, making the commute easy for both you and your clients. This is a rare opportunity to grab a move-in-ready, 2020-updated space in one of the city's most active neighborhoods. Come see how this versatile corner can work for your business!

Amenities

This listing is a courtesy of KELLER WILLIAMS REALTY
908-233-8502 office, listing agent MICHAEL MARTINETTI

About Hoboken, NJ Real Estate Market

With a population of over 60,000 people, Hoboken is a part of the New York Metropolitan area, which spans over 2 square miles and is a city in Hudson County in New Jersey. Despite its spread in a very small area, the large population of Hoboken makes it the third most densely populated city in the United States. Hoboken is located on the west bank of the river of Hudson and is consistently considered one of the best places to live in Hudson County.

Originally settled as a part of the Pavonia colony in New Netherland in the 17th century, Hoboken is now a fully developed city, the foundation stone of which was laid by Colonel John Stevens in the early 19th century. At that time, Hoboken existed in parts of Bergen Township and North Bergen Township and emerged as an independent city in 1855.

During most of the duration of the 20th century, Hoboken remained an integral part of the Port of New York and New Jersey and was a base for several industries. In the current day and age, Hoboken has become a fully-developed residential area with the best examples of Hudson County real estate with large-sized single-family houses and residential skyscrapers and condominiums.
Population:  54,142
Total Housing Units:  27,809
Single Family Homes:  2,355
Apartments:  25,454
General Tax Rate (2025):  1.805%
Effective Tax Rate (2025):  1.070%
Compare To Other Towns

Hoboken Market Indicators

PRICE INDEX

Average Price* (12mo):  $2,453,117
Homes Sold* (12mo):  28
PRICE INDEX
SINGLE FAMILY HOME SALES

Hoboken, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $905,513
Apatments Sold* (12mo):  501
PRICE INDEX
APARTMENT SALES

Hoboken, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2025):  1.805%
Effective Tax Rate (2025):  1.070%
GENRAL TAX RATE - Hoboken, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Real estate inventory
Hoboken
Homes : $1,495,000 - 4,100,000 4
Condos : $349,000 - 5,900,000 83
Co-ops : -
Twnhs : -
2-4 Fam : $6,999,000 - 6,999,000 1
5+ Fam : -
Land : -
Rentals : $3,300 - 3,350 2
Mixd Use : -
Com S : -
Com L : -
Biz : $70,000 - 475,000 4


Similar Listings in Hoboken

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 03/26/2026 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2026 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com