Large Lot in Developing
36 EMORY ST JC Jersey City, NJ 07304
36 EMORY ST JC, Jersey City, NJ, 07304
$6,000,000
For Sale
$6,000,000
32,800 SF lot with 17,538 SF building in Jersey City.
Property Size17,538 SF
Lot Size0.75 Acres
Price / SF$342.11
Days on Market245
Property Features for 36 EMORY ST JC
General Information
- Standard status
- Active
- Size
- 17,538 SF
- Lot size
- 0.75 Acres
- Property subtype
- Commercial
Listing Agency
SERHANT NEW JERSEY LLC
(973) 315-5959
Listed by
NATALIA RAWSKA
Source
Corcoran
Added: Nov 18, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 19 at 4:50 am
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.
Located in Jersey City’s West Side, 36 Emory St. offers a large-scale opportunity in a rapidly developing corridor. The property includes a 17,538 SF structure on a 32,800 SF lot, presenting redevelopment, adaptive reuse, or immediate occupancy possibilities. The existing building features open floor plates, high ceilings, and historic architectural character. It is suitable for residential conversion, community facility use, education, wellness, event programming, or creative commercial concepts. The property is positioned in one of the most active improvement zones in the city, near new residential construction, established neighborhoods, academic institutions, and transportation options. It is located minutes from Journal Square, Lincoln Park, schools, transit, and new development projects. The property is suited for multifamily or mixed-use development, charter school, daycare, education center, religious facility, medical, community facility, nonprofit headquarters, essential services, governmental uses, adult day cares, assisted living residences, nursing homes, or senior housing. The property has on-site parking and an outdoor area.
Key Highlights
- Massive 32,800 SF lot with versatile development potential.
- Existing 17,538 SF building suitable for renovation or expansion.
- Prime location in Jersey City's rapidly developing West Side corridor.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $681.9k | $38.88 |
| − Vacancy | −$32.7k | −$1.87 |
| EGI | $649.1k | $37.01 |
| − OpEx | −$292.1k | −$16.66 |
| NOI | $357.0k | $20.36 |
17,538 SF · lease $38.88/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$5.10M
$4.46M – $5.95M
NOI $357,031 @ 7.0% cap · market cap 5.95%
Second Best
Mixed Use
$4.18M
$3.66M – $4.88M
NOI $292,613 @ 7.0% cap · market cap 4.88%
Theoretical Best
Multifamily LT 5
$5.69M
$4.98M – $6.63M
NOI $398,027 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Youth Consultation Services
Social Service Agency
YCS Ernest May ...
High School
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FAQs
What type of property is this?
Mixed-use property - 32,800 SF lot with 17,538 SF building in Jersey City.
Where is this mixed-use property located?
The property is located at 36 EMORY ST JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Massive 32,800 SF lot with versatile development potential.; Existing 17,538 SF building suitable for renovation or expansion.; Prime location in Jersey City's rapidly developing West Side corridor.
