Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Jersey City Ground Lease Opportunity Title is generated by Realmo AI

    7-9 Beacon Avenue, Jersey City, NJ 07306

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Long-term NNN ground lease opportunity in Jersey City Heights.

    Type:Retail, Land
    Lot size:
    0.20 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    30
    Last Refresh:
    May 8 at 5:29 am

    Property Features for 7-9 Beacon Avenue

    General Information

    Standard status
    Active
    Lot size
    0.20 Acres
    Property subtype
    Retail, Land

    Building Details

    Year Built
    1950

    Spaces For Lease

    at 7-9 Beacon Avenue Contact us

    We can help!

    Listing Contact
    Sam Bay

    Listing agent Sam Bay License #NJ00

    Listing office Smol Leasing

    Listing date Apr 27, 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 Smol Leasing

    HighLights

    • Rare NNN ground lease opportunity in an underserved Jersey City healthcare corridor.
    • Ideal location for medical/urgent care, less than 200 feet from the former Heights University Hospital and 0.9 miles from Journal Square PATH Station.
    • High demand due to limited healthcare facilities serving nearly 300,000 Jersey City residents.
    • Four parcels totaling approximately 0.2 acres with 16 on‑site parking spaces and dual street frontage.
    • Vacant buildings ready to be razed, allowing for immediate redevelopment.
    • City zoning favors medical use; ownership open to closing subject to site plan approval.

    Overview

    7 & 9 Beacon Ave, Jersey City Heights, NJ 07306 offers a long-term NNN ground lease opportunity. The site, comprised of four parcels totaling approximately 0.2 acres, is located in one of Jersey City’s most underserved healthcare corridors. It features 16 on-site parking spaces and dual street frontage on Beacon Avenue and Hopkins Avenue, with cross-site vehicle access between both streets. The location is less than 200 feet from the former Heights University Hospital site and about 0.9 miles from Journal Square PATH Station. The site is suited for a medical, urgent care, or other purpose-built healthcare concept. The area presents a compelling demand story, with nearly 300,000 Jersey City residents served by just one ER and the nearest urgent care over a mile away. Existing buildings are vacant and ready to be razed, creating a clear path for redevelopment. City zoning actively favors medical use, and ownership is open to closing subject to site plan approval. The property is surrounded by the dense Central Avenue corridor and its 250 nearby storefronts, offering a visible, parking-supported facility in a supply-constrained urban market.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -74.0507924
    Latitude
    40.7347253

    Nearby Similar for Lease

    • $4,500/Mo
      1,418 SF

      Live-Work Loft in Downtown JC

      Unique live-work loft with modern amenities and open floorplan.
      190 CHRISTOPHER COLUMBUS DR, JC, Downtown, NJ 07302
      View Details
    • $3,295/Mo

      Journal Square Office Space Available

      1,300 SF office space in vibrant Journal Square, Jersey City.
      35 JOURNAL SQUARE, JC, Journal Square, NJ 07306
      View Details
    • $3,000/Mo

      Central Avenue Retail Space Available

      Prime retail space with finished basement in high-traffic area.
      335 CENTRAL AVE, JC, Heights, NJ 07307
      View Details
    • $4,100/Mo
      1,700 SF

      Medical Office in Journal Square

      Move-in ready medical office near JSQ Path Station.
      3053 JOHN F KENNEDY BLVD, JC, Journal Square, NJ 07306
      View Details
    • $5,000/Mo

      Prime Retail Space in Newport

      Located in prime Newport location, steps from PATH and waterfront.
      106 RIVER DR SOUTH, JC, Downtown, NJ 07302
      View Details
    • $2,250/Mo

      Newly Renovated Retail/Office Space

      Prime Jersey City location with high visibility and flexible layout.
      2321 JOHN F KENNEDY BLVD, JC, West Bergen, NJ 07304
      View Details
    • $3,500/Mo

      Versatile Office Suite in Jersey

      Professionally designed office suite in the heart of Jersey City.
      47 KENSINGTON AVE, JC, Journal Square, NJ 07304
      View Details
    • $21,875 SF/Yr

      Downtown JC Office/Retail Space

      3,500 sq ft commercial space in Downtown Jersey City.
      190 CHRISTOPHER COLUMBUS DR, JC, Downtown, NJ 07302
      View Details
    • $1,800/Mo

      Retail Space on JFK Boulevard

      Ground-level retail space with high visibility and customizable layout.
      2321 JOHN F KENNEDY BLVD, JC, West Bergen, NJ 07304
      View Details
    • $3,700/Mo

      West Bergen Church/Office/Daycare Space

      Well-maintained space suitable for church, daycare, or office use.
      162 MALLORY AVE, JC, West Bergen, NJ 07304
      View Details
    • $3,000/Mo

      Office Space in West Bergen

      Office space for rent in West Bergen, near transportation.
      535 WEST SIDE AVE, JC, West Bergen, NJ 07305
      View Details
    • $25,000 SF/Yr

      Downtown Retail Space Near Grove

      Prime retail space in Downtown Jersey City near Grove PATH.
      139 CHRISTOPHER COLUMBUS DR, JC, Downtown, NJ 07302
      View Details

    FAQs

    What type of property is this?
    Commercial land - Long-term NNN ground lease opportunity in Jersey City Heights.
    Where is this commercial land located?
    The property is located at 7-9 Beacon Avenue Jersey City, NJ.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Rare NNN ground lease opportunity in an underserved Jersey City healthcare corridor.; Ideal location for medical/urgent care, less than 200 feet from the former Heights University Hospital and 0.9 miles from Journal Square PATH Station.; High demand due to limited healthcare facilities serving nearly 300,000 Jersey City residents.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sam Bay
    Real Estate License ID: NJ00
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7-9 Beacon Avenue, Jersey City, NJ 07306
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!