Seven-Unit Mixed-Use
119 MONTICELLO AVE, Jersey City, NJ 07304
For Sale
New
Contact for pricing
Two commercial spaces complement seven residential apartments in a newly constructed Jersey City building.
Property SizeContact for details
Days on Market6
Property Features for 119 MONTICELLO AVE
General Information
Standard status
Property subtype
Site & Location
Public Transit
Mixed-Use Components
Additional Details
Opportunity Zone
Multifamily Units
Building Details
Buildings
Tenancy
Listing Agency:
Marcus & Millichap - New Jersey
Listed By:
Jonathan Zamora
(201) 742-6121
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 3:10PM
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 Marcus & Millichap - New Jersey
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Investment Insights
Based on property information with market context.
The property at 119-121 Monticello Avenue combines seven residential apartments with two commercial spaces in a newly built mixed-use building. The seller is open to transferring the property before the certificate of occupancy is received or during the lease-up period.
The building is on Monticello Avenue in Jersey City’s McGinley Square neighborhood. The location is near mass transit, major employment centers, and redevelopment projects.
The building is on Monticello Avenue in Jersey City’s McGinley Square neighborhood. The location is near mass transit, major employment centers, and redevelopment projects.
Key Highlights
- Seven residential apartments and two commercial spaces
- Newly built mixed‑use property in an Opportunity Zone
- Seller open to delivery before certificate of occupancy or during lease‑up
Property Analytics
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Open Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,883
Businesses Nearby
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Business Placement
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
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Market
Properties on Market for Mixed-use properties in Jersey City
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial spaces complement seven residential apartments in a newly constructed Jersey City building.
Where is this mixed-use property located?
The property is located at 119 MONTICELLO AVE Jersey City, NJ.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Seven residential apartments and two commercial spaces; Newly built mixed‑use property in an Opportunity Zone; Seller open to delivery before certificate of occupancy or during lease‑up
