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Journal Square Mixed-Use Investment
For Sale
$1,899,000

1063 West Side Ave, Jersey City, NJ 07306

Six-unit mixed-use property near Journal Square Transportation Center.

Property SizeContact for details
Days on Market162

Property Features for 1063 West Side Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $19,900

Amenities

Central air
Asphalt Shingle Roof
2 Units Heating
Corner
On-Street Parking
Wall A/C Unit(s) Cooling

Building Details

Year Built 1920
Listing Agency: TNT REALTY NJ
Listed By: ISRAEL HERNANDEZ
Source: Corcoran
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

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 TNT REALTY NJ

Investment Insights

Based on property information with market context.

This six-unit mixed-use property is located in the Journal Square neighborhood of Jersey City, near the Journal Square Transportation Center. The property is positioned near the Journal Square Redevelopment Zone. It features four residential units with layouts suited to commuters. There are also two street-level commercial units offering visibility and foot traffic. The location provides PATH access to Manhattan, Newark, and Hoboken. The property is surrounded by high-rise development, new retail, dining, and infrastructure improvements. This property is located in one of Northern New Jersey's fastest-growing submarkets.

Key Highlights

  • Prime location in Journal Square, a rapidly developing area of Jersey City.
  • Mixed‑use property with 4 residential and 2 commercial units, providing diverse income streams.
  • Close proximity to the Journal Square Transportation Center with direct PATH access to Manhattan, Newark, and Hoboken.

Property Analytics

Current Use

Borinquen Corner Deli ... Food Market

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Store & Service Tattoo & Piercing Shop Clothing & Fashion Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,518
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six-unit mixed-use property near Journal Square Transportation Center.
Where is this mixed-use property located?
The property is located at 1063 West Side Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Prime location in Journal Square, a rapidly developing area of Jersey City.; Mixed‑use property with 4 residential and 2 commercial units, providing diverse income streams.; Close proximity to the Journal Square Transportation Center with direct PATH access to Manhattan, Newark, and Hoboken.
More about this property
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