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Corner Mixed-Use Building
For Sale
$1,698,000

500 New York Ave, Jersey City, NJ 07087

The multi-level brick property includes apartments, storefronts, a two-car garage, and a rooftop with a Manhattan view.

Property SizeContact for details
Days on Market237

Property Features for 500 New York Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family
Occupancy 90%

Site & Location

Neighborhood Heights
Corner Location Yes
Mixed-Use Components residential, retail

Additional Details

Multifamily Units 7
Tenant in Place Yes

Amenities

rooftop
Finished,Walk-Out
4
10
7
1
A/C Window,Baseboard,Radiators,Other-See Remarks
2
as is,all existing kitchen appliances
Multi-Level
25X100
Brick
2 Cars

Building Details

Buildings 1
Tenancy Multi
Listing Agency:
Listed By: Reisha Baker
Source: Skyrealtyintl
Added: Mar 9 Changed: Oct 29 Last Checked: Oct 29 at 2:38PM

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 Reisha Baker

Rey
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Investment Insights

Based on property information with market context.

At 500 New York Ave, this multi-level brick mixed-use building combines seven apartments with two retail stores. The property also has a two-car garage, currently described as storage, and a rooftop offering views of Manhattan.

The corner parcel measures 25 by 100 feet. Existing exterior features include the brick construction and multi-level configuration.

Key Highlights

  • Seven apartments and two storefronts
  • Two‑car garage currently used for storage
  • Rooftop with Manhattan views

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
90%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,832
Businesses Nearby

Demographics for 07087, NJ

68,611
Population
27,442
Households
2.5
Avg Household Size
36
Median Age
28%
College-Educated
77%
High-School Grad
1.3 sq mi
ZIP Area
52,778
Density / Sq Mi
$65,369
Median Household Income
$35,041
Median Earnings
$1,489
Median Rent
$446,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The multi-level brick property includes apartments, storefronts, a two-car garage, and a rooftop with a Manhattan view.
Where is this mixed-use property located?
The property is located at 500 New York Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: Seven apartments and two storefronts; Two‑car garage currently used for storage; Rooftop with Manhattan views
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