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Transit-Oriented Commercial Land
For Sale
Contact for pricing
Pending

49 Morton Pl, Jersey City, NJ 07305

Assemblage with multiple existing improvements and access from Morton Place and Orient Avenue.

Property SizeContact for details
Days on Market142

Property Features for 49 Morton Pl

General Information

Standard status Pending
Property subtype Land
Listing Agency: Marcus & Millichap - New Jersey
Listed By: Jonathan Zamora · License #NJ
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 5:43AM

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 commercial land offering comprises a 12-lot assemblage totaling 54,450 square feet. Existing improvements include a multistory industrial warehouse building, an adult daycare center, a parking lot, and residential properties. The assemblage has access from both Morton Place and Orient Avenue, providing multiple points of street access across the site.

The property is situated just east of the West Side light rail station in Jersey City, within close walking distance. Public transportation connections include light rail service to Exchange Place PATH and bus access to Journal Square PATH. Major highways and three airports are also nearby, while ongoing development along the light rail corridor and near NJCU includes retail, multifamily, and performing arts projects.

Key Highlights

  • 12‑lot assemblage totaling 54,450 square feet
  • Access from both Morton Place and Orient Avenue
  • Existing multistory industrial warehouse building on the site

Property Analytics

Current Use

Advanced Service Daycare ... Adult Day Care

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Parking Lot & Garage Acupuncture

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

2,307
Businesses Nearby

Demographics for 07305, NJ

67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Assemblage with multiple existing improvements and access from Morton Place and Orient Avenue.
Where is this commercial land located?
The property is located at 49 Morton Pl Jersey City, NJ.
What are key features of this property?
This property features: 12‑lot assemblage totaling 54,450 square feet; Access from both Morton Place and Orient Avenue; Existing multistory industrial warehouse building on the site
(201) 742-6121 Call to check price and availability
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