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    487-489 Tonnelle Ave, Unit JC Jersey City, NJ 07307

    For Sale
    $1,950,000

    Commercial Sale, Other - JC, Heights, NJ

    Days on Market:
    52
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 487-489 Tonnelle Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    NextHome, Inc

    Listing agent Margarita Kourmouzi (201) 630-0025 License #1650232,PersonLicenseNumber

    Listing date Oct 23, 2025

    MLS# 250015317 Listing URL

    Copyright © 2025 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Garage on Corner Lot

    This industrial and commercial garage is for sale in Jersey City Heights. The property is strategically located on NJ State Highway Truck Route 1&9. Currently home to Rabbit Juanrry Auto Body Shop, a long-standing business in the community, the property is located on a corner lot, enhancing its visibility and accessibility, especially for commercial traffic. The property consists of two lots with two separate addresses: 487-489 Tonnelle Ave. & 124 Waller St., situated between Manhattan Ave & Old County Road. The structure includes four overhead doors, an office, and a bathroom, with parking available for over 50 vehicles. The auto body shop features a FuTuRe CuRe Millennium 2000 spray booth & paint room, an auto body CHIEF frame machine, and a MOHAWK car lift, all included with the sale. The property is in close proximity to major highways, including the NJ TPKE with easy access to 15X Exchange, Route 3, and Route 7, and is centralized between the Holland Tunnel (2.3 miles) and the Lincoln Tunnel (4.5 miles). The tenant is open to continuing their operation with the new owner, with an excellent NNN Lease rental income in place.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    MBR, Jersey City Omega Bus Repair Shop, A&J MOBILE TRUCK REPAIR, Bogan Towing - Tow Truck Service, ABC Companies

    Map

    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.061982
    Latitude
    40.748013

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    FAQs

    What type of property is this?
    Auto shop - Industrial/commercial garage for sale in Jersey City Heights.
    Where is this auto shop located?
    The property is located at 487-489 Tonnelle Ave, Unit JC Jersey City, NJ.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Strategic location on NJ State Highway Truck Route 1&9, offering high visibility and accessibility.; - Includes a fully equipped auto body shop with a FuTuRe CuRe Millennium 2000 spray booth, CHIEF frame machine, and MOHAWK car lift.; - Consists of 2 lots with 2 separate addresses on a corner lot.
    (201) 630-0025
    Request Owner's contact information
    487-489 Tonnelle Ave, Unit JC Jersey City, NJ 07307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    487-489 Tonnelle Ave, Unit JC Jersey City, NJ 07307
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