For Sale
$2,500,000

717 Newark Ave Jersey City, NJ 07306

Prime Jersey City location, strong rental income.

Overview

Added:
Feb 13
Days on market:
74
This exceptional mixed-use property in Jersey City's vibrant Journal Square is offered at $2,500,000. The 2,750 square foot lot features a ground-level commercial space with approximately 25 feet of glass frontage, two large open areas, and five offices. Above the commercial space are four residential rental units: two one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Each unit has separate utilities and the building is equipped with sprinklers. The property's convenient location is just three blocks from the Journal Square PATH station, providing easy access to public transportation. Major highways, including I-95, Routes 1 & 9, and Route 280, are also easily accessible. All leases are month-to-month, offering flexibility for the new owner. This owner/user opportunity presents a compelling investment in a thriving Jersey City neighborhood, zoned for commercial use. The property is located at 717 Newark Avenue, Jersey City, NJ 07306, in Hudson County.

Highlights

  • $2,500,000 asking price.
  • Mixed-use property: ground floor retail space and four residential units.
  • 2,750 sq ft lot size.
  • Journal Square, Jersey City, NJ location; 717 Newark Ave, 07306.
  • Ground floor retail features approximately 25' of glass frontage, two large open spaces, and five offices.
  • Residential units consist of two one-bedroom/one-bath and two two-bedroom/one-bath units.

Property Details for 717 Newark Ave

Property type
Retail properties, Mixed-use properties

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.735150876924
Longitude
-74.06149067184

FAQs

What type of property is this?
Retail property - Prime Jersey City location, strong rental income.
Where is the retail property located?
The property is located at 717 Newark Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: $2,500,000 asking price.; Mixed-use property: ground floor retail space and four residential units.; 2,750 sq ft lot size.
How can I contact the broker?
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717 Newark Ave
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