1059 West Side Avenue Jersey City, NJ 07306
Retail building with parking near Journal Square Path station.
Property Features for 1059 West Side Avenue
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.19 Acres
- Property subtype
- Land, Retail
Listing office Grid Real Estate LLC (201) 300-6489
Listing date May 12, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Grid Real Estate LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location within walking distance of Journal Square PATH station
- Direct access to Routes 1&9, Pulaski Skyway, and NJ Turnpike Extension
- Strong rental demand in the tri‑state region
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.8k | $25.80 |
| − Vacancy | −$10.5k | −$2.19 |
| EGI | $113.3k | $23.61 |
| − OpEx | −$34.0k | −$7.08 |
| NOI | $79.3k | $16.52 |
