175 Newark AveJersey City, NJ 07302

Property Details for 175 Newark Ave

Year built

1920

Construction

CONCRETE BLOCKS

Lot size

0.16 AC

Property type

Other commercial real estate

APN

06 12704-0000-00011

APU

612704000000011

Description

This exceptional 4,000 square foot medical office space is located at 175 Newark Avenue in Jersey City's vibrant medical arts building. The building boasts a prime location directly above the Grove Street PATH station and Restaurant Row, offering unparalleled convenience and accessibility. Enjoy guaranteed parking in a private lot accessible from Christopher Columbus Drive, eliminating parking hassles for both staff and patients. Recently completed (2024) capital improvements have transformed the building, including a stunning new façade, completely updated elevator mechanics, a renovated lobby, modern common bathrooms, and a new entrance vestibule. This investment represents a unique opportunity to establish or expand a medical practice in a highly desirable location. The building's proximity to the PATH train provides an exceptionally short commute to Manhattan, with an 11-minute ride to the World Trade Center and an 18-minute ride to Midtown Manhattan (33rd Street & 6th Avenue). This single-tenant space is situated in Hudson County and offers a sophisticated and efficient workspace. Note: Images shown are of a renovated unit on the second floor, and do not represent the currently available space.

• Alternative Use

  Use

  Valuation

  Residential

  $1,286,826

  Hospitality

  $1,178,726

  Educational

  $980,686

  Medical

  $1,014,413

  Retail

  $1,525,511

Location Insight

City

Jersey City

County

Hudson

State

New Jersey

Latitude

40.721

Longitude

-74.0455

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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