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Single-Story Bank Building
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8 2nd Street, Jersey City, NJ 07302

Former financial-services building with a substantial redevelopment parcel in a designated business district.

Property Size1,500 SF
Lot Size0.60 Acres
Days on Market146

Property Features for 8 2nd Street

General Information

Standard status Active
Size 1,500 SF
Lot size 0.60 Acres
Property subtype Special Purpose
Zoning Planned Residential Development District

Additional Details

Asking Price $829,900
Land Use commercial, retail, residential

Building Details

Buildings 1
Stories 1
Listing Agency: NAI James E. Hanson - Parsippany
Listed By: John Schilp · License #NJ 7819759
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 7:11PM

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 NAI James E. Hanson - Parsippany

Investment Insights

Based on property information with market context.

This single-story former bank building contains 1,500 SF on a 26,000 SF lot. The existing structure offers a compact commercial footprint, while the parcel is identified for potential redevelopment with commercial or retail space at ground level and residential space above.

The property is within the Central Business District and is also included in the Planned Residential Development District. Its stated land-use framework supports consideration of both the existing building and a future mixed-use configuration, subject to applicable approvals.

Key Highlights

  • 1,500 SF single‑story former bank building
  • 26,000 SF lot identified for redevelopment
  • Potential commercial or retail space at ground level with residential above

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Nursing Home Tattoo & Piercing Shop Home Appliance Store (Bike/Boat/Book/etc) Store Fish Market Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

4,301
Businesses Nearby
310k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 43% Superstores 25% Groceries 22% Hotels & Casinos 7%
Macy's Apparel
96,654 visits/mo 0.4 miles
BJ's Wholesale Club Superstores
76,178 visits/mo 0.4 miles
ShopRite Groceries
66,970 visits/mo 0.4 miles
JCPenney Apparel
37,894 visits/mo 0.4 miles
Courtyard by Marriot Hotels & Casinos
14,762 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former financial-services building with a substantial redevelopment parcel in a designated business district.
Where is this bank located?
The property is located at 8 2nd Street Jersey City, NJ.
What are key features of this property?
This property features: 1,500 SF single‑story former bank building; 26,000 SF lot identified for redevelopment; Potential commercial or retail space at ground level with residential above
More about this property
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