900 Bergen AveJersey City, NJ 07306

  • Commercial real estate
  • 0.18 AC

Property Details for 900 Bergen Ave

Year built
1934
Construction
BRICK
Lot size
0.18 AC
Property type
Commercial real estate
APN
06 10701-0000-00004
APU
610701000000004

Description

This exceptional 3,750 square foot retail space is ideally situated at 900 Bergen Avenue in Jersey City, Hudson County, New Jersey. The property offers a single-tenant occupancy, perfect for a variety of retail businesses seeking a high-visibility location. Its prime position on Bergen Avenue, between Academy and Newkirk, ensures significant exposure to a large and diverse customer base. A key advantage is its proximity to the Journal Square PATH station (JSQ), a mere five-minute walk away, guaranteeing easy access for commuters and residents from across the region. The area boasts an exceptionally high population density and substantial foot traffic, creating a vibrant and lucrative retail environment. Furthermore, the property benefits from its location amidst thousands of recently constructed residential units, providing a readily available customer base. The space is offered as a turnkey solution, minimizing upfront investment and allowing for a quick and efficient start to operations. No elevators are present in the building. This presents a unique opportunity for a business seeking a well-located, high-traffic retail space in a rapidly growing area of Jersey City. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,466,603
    Hospitality
    $1,343,401
    Educational
    $1,117,694
    Medical
    $1,156,133
    Retail
    $1,738,634

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.7297
Longitude
-74.065
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$128,976
$2,839,500
$3,250,000
$6,089,500
-
$2,839,500
$3,250,000
$6,089,500

FAQs

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