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    586 Newark Ave Jersey City, NJ 07306

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    For Lease
    $10,000 /Mo ($40 SF/Yr)

    Brand-new office space across from Hudson County Courthouse.

    Property size:
    3,000 SF
    Lot size:
    0.11 Acres

    Property Features for 586 Newark Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.11 Acres

    Source: Meridian Capital Group Agent Adam Matloff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Office/Medical Space Available

    This property offers brand-new office space suitable for office or medical uses. The building includes an elevator and a security system. It is located directly across from the new Hudson County Courthouse. The property size is 3000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cafe Peanut Cafe Baptiste Nicole B ... Obstetrician-Gynecologist Rafael Management Association / Organization PeopleReady Temp Agency Just masonry and home ... Masonry Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0570244
    Latitude
    40.7323347

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    FAQs

    What type of property is this?
    Office space - Brand-new office space across from Hudson County Courthouse.
    Where is this office space located?
    The property is located at 586 Newark Ave Jersey City, NJ.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Brand-new office space ideal for office or medical uses.; - **Right across from the new Hudson County Courthouse** offering convenience.; - **Elevator in place** for easy accessibility.
    (212) 972-3600
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    586 Newark Ave Jersey City, NJ 07306
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    Jersey City, NJ 07306
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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
    586 Newark Ave Jersey City, NJ 07306
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