Mixed-Use Brick
For Sale
Contact for pricing
500 OCEAN AVE, Jersey City, NJ 07305
Brick mixed-use property with ground-floor bar space, two residential units, private backyard, and an unfinished basement.
Property SizeContact for details
Days on Market55
Property Features for 500 OCEAN AVE
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily, Business for Sale
Investment Type
Value Add
Building Details
Buildings
1
Stories
3
Units
3
Tenancy
Single
Listing Agency:
Prominent Properties Sotheby's International Realty
(201) 333-7717
Listed By:
Basilio Rivera · License #1008875
Source:
Crexi
Added: Jun 18
Changed: Aug 10
Last Checked: Aug 10 at 9:36AM
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 Prominent Properties Sotheby's International Realty
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
