Mixed-Use Brick
500 OCEAN AVE Jersey City, NJ 07305
500 OCEAN AVE, Jersey City, NJ, 07305
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For Sale
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Brick mixed-use property with ground-floor bar space, two residential units, private backyard, and an unfinished basement.
Days on Market33
Property Features for 500 OCEAN AVE
General Information
- Standard status
- Active
- Property subtype
- Mixed Use, Multifamily, Business for Sale
Listing Agency
Prominent Properties Sotheby's International Realty
Listed by
Basilio Rivera · License #1008875
Source
Crexi
Added: Jun 18 Updated: Jul 10 at 2:04 pm Checked: Jul 20 at 6:04 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 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
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
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
