121 Newark AveJersey City, NJ 07302

Property Details for 121 Newark Ave

Year built

1937

Construction

BRICK

Lot size

0.19 AC

Zone code

C-2

Property type

Commercial real estate

APN

06 11405-0000-00018

APU

611405000000018

Description

This exceptional medical office building at 121 Newark Avenue in Jersey City, NJ (zip code 07302) offers a unique opportunity for medical professionals. The property consists of two five-story buildings totaling 42,735 square feet, with spaces available ranging from 1,000 to 6,000 contiguous square feet. Multiple tenancies are available. A significant capital improvement project was completed in 2018, and further enhancements were made in 2024, including a new façade, upgraded elevator mechanics, a renovated lobby, modernized common bathrooms, and a new entrance vestibule. The building boasts a strong co-tenancy, including established medical practices such as Spine & Sport Health Center, Heights Orthodontics, JC Oral Surgery, Vita Dental Arts, and Raj Mukerji State Legislative Offices. Its unparalleled location directly above the Grove Street PATH station and adjacent to Restaurant Row provides exceptional accessibility and convenience. Commuting to Manhattan is a breeze, with an 11-minute ride to the World Trade Center and an 18-minute commute to Midtown Manhattan (33rd Street & 6th Avenue). An additional 4,000 square foot full-floor space is also available at 175 Newark Avenue, featuring a private parking lot. This is a rare opportunity to establish or expand your practice in a thriving, well-connected, and beautifully renovated medical office building.

• Alternative Use

  Use

  Valuation

  Residential

  $1,576,173

  Hospitality

  $1,443,766

  Educational

  $1,201,196

  Medical

  $1,242,507

  Retail

  $1,868,527

Location Insight

City

Jersey City

County

Hudson

State

New Jersey

Latitude

40.7199

Longitude

-74.0433

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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