157 Pacific AveJersey City, NJ 07304

  • Other commercial real estate
  • 0.06 AC
For Lease

Property Details for 157 Pacific Ave

Lot size
0.06 AC
Property type
Other commercial real estate
APN
06 21502-0000-00005
APU
621502000000005

Description

This exceptional 7,500 square foot commercial land parcel presents a unique investment opportunity in Hudson County. Located at 157-161 Pacific Avenue, this single-tenant property boasts a generous 75-foot frontage, providing excellent visibility and accessibility. The entire 7,500 square foot lot is currently vacant, offering complete flexibility for development or immediate use. The lot's dimensions are 75 feet wide by 100 feet deep, as per the deed. Its zoning allows for a variety of commercial uses, making it ideal for businesses seeking a prominent location with ample space. The property is particularly well-suited for parking facilities given its size and location. Lease terms are highly flexible, ranging from month-to-month agreements to longer-term leases of up to two years, providing adaptability to suit diverse business needs. This is a rare opportunity to acquire a sizable, well-positioned commercial lot in a thriving Hudson County location. The vacant status allows for immediate occupancy and customization to meet specific business requirements. Serious inquiries are encouraged to explore the potential of this prime commercial land. The property's size and location make it an attractive proposition for a range of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $473,098
    Hospitality
    $433,355
    Educational
    $360,546
    Medical
    $372,946
    Retail
    $560,850
157 Pacific Ave, Jersey City, New Jersey

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.7082
Longitude
-74.0677
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
$2,224
$100,000
$5,000
$105,000
-
$100,000
$5,000
$105,000

FAQs

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