Corner Retail
For Lease
$4,990/Mo NNN
198 ACADEMY ST, Jersey City, NJ 07306
Transit-adjacent corner space with glass frontage, two entrances, and flexible retail configuration potential.
Space SizeContact for details
Property Size1,711 SF
Days on Market15
Property Features for 198 ACADEMY ST
General Information
Standard status
Active
Size
1,711 SF
Building Details
Building Size
1,711 SF
Listing Agency:
SERHANT NEW JERSEY LLC
(973) 315-5959
Listed By:
ANUPAMA GUPTA
Source:
Evrealestate
Added: Aug 10
Changed: Aug 24
Last Checked: Aug 24 at 5:59AM
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 SERHANT NEW JERSEY LLC
Investment Insights
Based on property information with market context.
This corner retail storefront at 198 Academy St in Jersey City offers a vanilla-box setting for a new commercial build-out. A 30-foot glass storefront wraps the corner, while 13-ft ceilings add volume and visibility to the space. Two separate entrances allow for adaptable occupancy and layout planning.
The property is positioned near Journal Square PATH Station within the Journal Square 2060 Redevelopment District, an area described as surrounded by new residential development and high-density housing. Immediate possession is available, and the space is offered under an NNN lease structure. Its transit-oriented setting and flexible physical configuration support a range of retail and service-oriented concepts.
The property is positioned near Journal Square PATH Station within the Journal Square 2060 Redevelopment District, an area described as surrounded by new residential development and high-density housing. Immediate possession is available, and the space is offered under an NNN lease structure. Its transit-oriented setting and flexible physical configuration support a range of retail and service-oriented concepts.
Key Highlights
- 30‑foot glass storefront wraps the corner
- 13‑ft ceilings provide added interior volume
- Two separate entrances support flexible configurations
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,410
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 22%
Apparel 9%
Electronics 7%
McDonald's
Dining
20,888 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,894 visits/mo
0.4 miles
Chase Bank
Shops & Services
11,854 visits/mo
0.5 miles
Rainbow
Apparel
5,662 visits/mo
0.4 miles
SUBWAY
Dining
5,451 visits/mo
0.2 miles
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
Lease Benchmarks for Jersey City, NJ
$50.73 /SF/Yr
Avg Asking Price
$32–$80 /SF/Yr
Price Range
1,519 SF
Avg Space Size
This space is priced 31% below the average of $50.73 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Transit-adjacent corner space with glass frontage, two entrances, and flexible retail configuration potential.
Where is this storefront property located?
The property is located at 198 ACADEMY ST Jersey City, NJ.
What is the lease rate?
The lease rate is $4,990/Mo.
What are key features of this property?
This property features: 30‑foot glass storefront wraps the corner; 13‑ft ceilings provide added interior volume; Two separate entrances support flexible configurations
