500 OCEAN AVE, Jersey City, NJ 07305

Listing office Prominent Properties Sotheby's International Realty

Listing date Jun 18, 2026

Source Crexi

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Overview

This solid brick mixed-use property includes two residential units, each offering two bedrooms and one bathroom, along with a ground-floor commercial space that previously operated as a bar. The building also has a private backyard and a full unfinished basement, providing additional storage and workspace for future improvements. The property will require TLC and updating, making it well-suited for buyers who plan to renovate and reposition. Separate tenant-paid utilities are in place, which can help streamline day-to-day operating responsibilities.

The location is described as convenient to the Hudson-Bergen Light Rail, with easy access to Jersey City and Manhattan and surrounding employment centers. That proximity can support ongoing leasing and customer traffic depending on how the commercial space is ultimately used.

A Type 33 Plenary Retail Consumption License is available for purchase separately, offering added flexibility for an owner-operator or investor planning food and beverage service. With residential and commercial components under one roof, this layout can fit a range of live-work, entrepreneurial, and income-focused strategies while giving the new owner the ability to define the property’s next chapter through targeted updates.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Jersey City

County

Hudson

State

New Jersey

Longitude

-74.0803568

Latitude

40.703516

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FAQs

What type of property is this?

Duplex - Brick mixed-use property with ground-floor bar space, two residential units, private backyard, and an unfinished basement.

Where is this duplex located?

The property is located at 500 OCEAN AVE Jersey City, NJ.

What are key features of this property?

This property features: Brick mixed‑use property with ground‑floor commercial space (formerly a bar), plus two residential units; Two residential units, each with 2 bedrooms and 1 bathroom; Private backyard and a full unfinished basement for additional storage or future improvement