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Mixed-Use Building with 4 Apartments
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717 Newark Ave, Jersey City, NJ 07306

Ground-floor commercial space combines with four residential apartments and separately metered utilities.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market143

Property Features for 717 Newark Ave

General Information

Standard status Active
Lot size 0.06 Acres
Property subtype Retail, Mixed Use

Site & Location

Frontage 25 ft
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Additional Details

Sprinkler System Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Villa
Listed By: Gary Palermo · License #NJ 1112515
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:57AM

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 RE/MAX Villa

Investment Insights

Based on property information with market context.

This mixed-use property pairs ground-level commercial space with four residential apartments. The commercial component includes two substantial open areas, five offices, and approximately 25 feet of glass frontage. Residential inventory consists of two one-bedroom, one-bath units and two two-bedroom, one-bath units. Separate utilities and sprinkler systems serve the property.

Located on Newark Ave in Jersey City’s Journal Square, the building is three blocks from the Journal Sq PATH Station. Highway access includes I95, Route 1&9, and 280. The lot measures 25 x 110. All leases are currently structured on a month-to-month basis.

Key Highlights

  • Four residential units: two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath
  • Ground‑level commercial area with 2 large open spaces and 5 offices
  • Approximately 25’ of glass frontage

Property Analytics

Current Use

Kumon Math and Reading ... Training Center Dark Web Documents Travel Agency

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Store & Service Clothing & Fashion Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,818
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space combines with four residential apartments and separately metered utilities.
Where is this mixed-use property located?
The property is located at 717 Newark Ave Jersey City, NJ.
What are key features of this property?
This property features: Four residential units: two 1 Bedroom/1 Bath and two 2 Bedroom/1 Bath; Ground‑level commercial area with 2 large open spaces and 5 offices; Approximately 25’ of glass frontage
(201) 868-3100 Call to check price and availability
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