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Mixed-Use Property Near Courthouse

572 Newark Ave, Jersey City, NJ 07306

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For Sale

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13,000 SF mixed-use property with retail and office space.

Type:Mixed Use, Office, Retail

Property size:

13,000 SF

Price / SF:

$230/SF

HighLights

Prime location directly across from the Hudson County Courthouse.
13,000 square foot mixed‑use property with retail and office space.
Strong investment opportunity with stable income.
Excellent option for owner‑use seeking a highly visible and convenient business location.
Prime for development.
Three‑story building.

We can help!

Contact an agent

Chris Cervelli

For Sale

Contact for pricing

13,000 SF mixed-use property with retail and office space.

Type:Mixed Use, Office, Retail

Property size:

13,000 SF

Price / SF:

$230/SF

Added:: Feb 13, 2026
Days on Market:: 134
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 572 Newark Ave

General Information

Standard status: Active
Size: 13,000 SF
Property subtype: Mixed Use, Office, Retail

Building Details

Year Built: 1945

We can help!

Contact an agent

Chris Cervelli

Listing office Michael Cervelli Real Estate & Property Management

Listing date Feb 13, 2026

Source Crexi

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 Michael Cervelli Real Estate & Property Management

HighLights

Prime location directly across from the Hudson County Courthouse.
13,000 square foot mixed‑use property with retail and office space.
Strong investment opportunity with stable income.
Excellent option for owner‑use seeking a highly visible and convenient business location.
Prime for development.
Three‑story building.

Overview

This three-story mixed-use property offers 13,000 square feet of space, featuring a combination of retail and office areas. The property is located directly across from the Hudson County Courthouse, offering high visibility and convenient access. It presents a strong investment opportunity with stable income. The property is also suitable for owner-users seeking a prominent business location. The property may also be suitable for development.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$382.2k	$29.40
− Vacancy	−$35.2k	−$2.70
EGI	$347.0k	$26.70
− OpEx	−$130.1k	−$10.01
NOI	$216.9k	$16.68

13,000 SF · lease $29.40/SF/yr · vacancy 9.20% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$3.10M

$2.71M – $3.61M (±1% cap)

NOI $216,899 @ 7.0% cap · market cap 7.23%

Second Best

Retail

$3.07M

$2.69M – $3.58M (±1% cap)

NOI $214,824 @ 7.0% cap · market cap 7.16%

Theoretical Best

Multifamily LT 5

$4.21M

$3.69M – $4.92M (±1% cap)

NOI $295,037 @ 7.0% cap · market cap 9.83%

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

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Location Insight

Map
Local Demand

City: Jersey City
County: Hudson
State: New Jersey
Longitude: -74.0567313
Latitude: 40.7319813

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For sale
Mixed-use properties
NJ
Jersey City
07306
572 Newark Ave

What type of property is this?

Mixed-use property - 13,000 SF mixed-use property with retail and office space.

Where is this mixed-use property located?

The property is located at 572 Newark Ave Jersey City, NJ.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Prime location directly across from the Hudson County Courthouse.; 13,000 square foot mixed‑use property with retail and office space.; Strong investment opportunity with stable income.