Commercial space For Sale in Jersey City, NJ
MLS# : 260008131
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to 3176 Kennedy Boulevard, an impeccably maintained, income-producing 8-unit investment property in the highly desirable Jersey City Heights neighborhood. This exceptional asset offers a functional, multi-level design that caters to both seasoned investors and those entering the market. The property is thoughtfully configured into eight distinct residences to maximize occupancy and returns, featuring 7Â spacious three-bedroom units and 1Â well-proportioned one-bedroom unit. Each residence offers bright, open-concept living and dining areas enhanced by tall windows that flood the interiors with natural light. Kitchens are efficiently designed with ample cabinetry and a full suite of reliable appliances, while the bedrooms provide comfort and generous closet space. Each unit is equipped with its own dedicated water heater, along with updated electric and plumbing systems, ensuring convenience and long-term reliability. Ideally located at the corner of Kennedy Boulevard and Spruce Street, the property offers immediate access to local shopping, dining, Pershing Field Park, and a variety of public transportation options, making it highly attractive to tenants. 3176 Kennedy Boulevard represents a premier opportunity to acquire a substantial multi-family property with strong income potential, enduring long-term value, and is also perfectly suited for condominium conversion.
Amenities
This listing is a courtesy of SERHANT NEW JERSEY LLC
201-431-7677 office, listing agent PATRICK C SOUTHERN
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): | $741,776 |
| Homes Sold* (12mo): | 184 |
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 : | $419,000 - 3,500,000 | 50 |
| Condos : | $165,000 - 6,499,000 | 539 |
| Co-ops : | $350,000 - 679,000 | 6 |
| Twnhs : | $175,000 - 2,300,000 | 16 |
| 2-4 Fam : | $480,000 - 2,950,000 | 109 |
| 5+ Fam : | $1,400,000 - 1,550,000 | 2 |
| Land : | $469,000 - 4,800,000 | 23 |
| Rentals : | $1,700 - 4,750 | 48 |
| Mixd Use : | $1,400,000 - 1,550,000 | 2 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 698,888 | 11 |
