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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

109 Hutton St, Jersey City, NJ 07307

Three-story multifamily property with an all one-bedroom unit mix and nine renovated apartments.

Property SizeContact for details
Days on Market142

Property Features for 109 Hutton St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Jonathan Zamora · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 6:53AM

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

Investment Insights

Based on property information with market context.

This three-story apartment building contains 12 one-bedroom apartments on a 25-by-97-foot lot. Nine units have been updated with new plumbing, electrical systems, kitchens, bathrooms, and flooring. The remaining apartments provide an opportunity for renovation as turnover occurs. Existing rents are described as approximately 15% below market, with potential for additional income as units are renewed.

The property is located near Hutton Street and Central Avenue in Jersey City’s Heights submarket. The Palisades setting provides views toward Hoboken and the Manhattan skyline. Nearby Pershing Field Park and Riverview Park, along with restaurants and bars in the surrounding area, contribute to the neighborhood context.

Key Highlights

  • 12‑unit building with 12 one‑bedroom apartments
  • Three‑story apartment property on a 25‑by‑97‑foot lot
  • Nine units renovated with updated plumbing, electrical, kitchens, bathrooms, and flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Catering Service (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store Restaurant

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

2,831
Businesses Nearby

Demographics for 07307, NJ

44,247
Population
18,762
Households
2.4
Avg Household Size
35
Median Age
46%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
23,288
Density / Sq Mi
$80,745
Median Household Income
$52,729
Median Earnings
$1,708
Median Rent
$574,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Three-story multifamily property with an all one-bedroom unit mix and nine renovated apartments.
Where is this apartment building located?
The property is located at 109 Hutton St Jersey City, NJ.
What are key features of this property?
This property features: 12‑unit building with 12 one‑bedroom apartments; Three‑story apartment property on a 25‑by‑97‑foot lot; Nine units renovated with updated plumbing, electrical, kitchens, bathrooms, and flooring
(201) 742-6121 Call to check price and availability
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