Downtown Jersey City Investment
For Sale
$2,600,000
570 JERSEY AVE JC, Jersey City, NJ 07302
Eight-unit building near Grove Street PATH Station in Downtown Jersey City.
Property SizeContact for details
Days on Market539
Property Features for 570 JERSEY AVE JC
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$29,193
Listing Agency:
BROWN HARRIS STEVENS NEW JERSEY
Listed By:
WESTLEY PAGE
Source:
Corcoran
Added: Apr 29, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 BROWN HARRIS STEVENS NEW JERSEY
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Investment Insights
Based on property information with market context.
This eight-unit building presents an investment opportunity in Downtown Jersey City. Situated on a 25 x 90 lot, the property features a mix of four studio apartments, two 2-bedroom units, and two 3-bedroom units. The property will be delivered fully occupied, with most tenants on month-to-month leases, allowing for immediate rent adjustments within Jersey City guidelines. The building is located a few blocks from the Grove Street PATH Station, providing convenient access to the World Trade Center and Midtown Manhattan. The property is being sold in as-is condition.
Key Highlights
- Prime Downtown Jersey City location.
- Eight‑unit building with a mix of unit types (studios, 2‑bedroom, and 3‑bedroom).
- Delivered fully occupied with month‑to‑month leases, allowing for immediate rent adjustments.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
6,465
Businesses Nearby
Explore this area
Business Placement
Demographics for 07302, NJ
57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit building near Grove Street PATH Station in Downtown Jersey City.
Where is this apartment building located?
The property is located at 570 JERSEY AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Prime Downtown Jersey City location.; Eight‑unit building with a mix of unit types (studios, 2‑bedroom, and 3‑bedroom).; Delivered fully occupied with month‑to‑month leases, allowing for immediate rent adjustments.
