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Renovated Mixed-Use Building in McGinley
For Sale
$799,999

138 MONTICELLO AVE JC, Jersey City, NJ 07304

Mixed-use building with retail space and two updated residential units.

Property SizeContact for details
Days on Market464

Property Features for 138 MONTICELLO AVE JC

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,853
Listing Agency: WEST HOBOKEN RESIDENTIAL LLC
Listed By: KELLY BASTIDAS
Source: Corcoran
Added: May 29, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 WEST HOBOKEN RESIDENTIAL LLC

Investment Insights

Based on property information with market context.

This renovated mixed-use brick building is located in the McGinley Square neighborhood. It is suitable for investors or business owners looking to establish themselves in a developing area near Journal Square. The property includes two 2-bedroom residential units, each updated with white quartz countertops and stainless-steel appliances. The 1,100 sq ft retail space offers street visibility and exclusive backyard access, suitable for a cafe, boutique, or creative workspace. The building is located in a designated redevelopment area, surrounded by cafes, restaurants, and approved development projects.

Key Highlights

  • Prime location in the rapidly developing McGinley Square neighborhood, steps from Journal Square.
  • Turnkey investment opportunity with two renovated 2‑bedroom residential units featuring white quartz countertops and stainless‑steel appliances.
  • 1,100 sq ft retail space with excellent street visibility and exclusive backyard access, suitable for various businesses.

Property Analytics

Current Use

iQ Credit PROs Financial Advisor

Suggested Use

Top Pick Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store & Service Butcher

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

2,883
Businesses Nearby

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

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?
Mixed-use property - Mixed-use building with retail space and two updated residential units.
Where is this mixed-use property located?
The property is located at 138 MONTICELLO AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Prime location in the rapidly developing McGinley Square neighborhood, steps from Journal Square.; Turnkey investment opportunity with **two renovated 2‑bedroom residential units** featuring white quartz countertops and stainless‑steel appliances.; 1,100 sq ft retail space with excellent street visibility and exclusive backyard access, suitable for various businesses.
More about this property
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