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Office Building with Reuse Potential
For Lease
$1,775,000

8 Baldwin Avenue, Jersey City, NJ 07304

The three-story property is within the Beacon Redevelopment Plan area, with potential for several plan-permitted uses subject to approvals.

Space SizeContact for details
Days on Market25

Property Features for 8 Baldwin Avenue

General Information

Standard status Active
Property subtype Office

Additional Details

Land Use office, commercial

Taxes and HOA fees

Annual Taxes $22,343

Building Details

Buildings 1
Stories 3
Listing Agency: Cultura United Realty
Listed By: Alita T. Covington · License #231892
Source: Serhant
Added: Oct 9 Changed: Nov 1 Last Checked: Nov 1 at 3:20PM

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 Cultura United Realty

Rey
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Investment Insights

Based on property information with market context.

The property is an existing three-story office and commercial building in Jersey City’s Beacon Redevelopment Plan area. A zoning determination letter identifies residential, commercial, school, and medical office uses among the plan’s permitted principal uses, subject to applicable requirements and approvals. The letter states that no density or unit maximum is listed; unit count remains subject to building code and the existing building envelope.

For buildings outside the Medical Complex, the plan may allow up to six stories and 65 feet, subject to required approvals. Vertical additions require Planning Board approval and Historic Preservation staff review, while façade work also requires Historic Preservation staff review. Due diligence, zoning confirmation, permits, parking, construction feasibility, environmental review, and legal review remain the buyer’s responsibility.

Key Highlights

  • Existing three‑story office and commercial building in Jersey City's Beacon Redevelopment Plan area
  • Plan‑permitted principal uses include residential, commercial, schools, and medical offices, subject to requirements
  • Zoning determination letter lists no density maximum or unit maximum; unit count is governed by building code and existing envelope

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dr. Lon J. ... Dental Office Beacon Family Dental Dental Office JR Dental LLC Dental Office Ramesh Kianfar, D.M.D. Dental Office Sylvia Pagulayan, MD ... Physician

Suggested Use

Top Pick Garden Center Nursing Home Tattoo & Piercing Shop Pet Store & Service Tanning Salon (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,751
Businesses Nearby

Demographics for 07304, NJ

48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - The three-story property is within the Beacon Redevelopment Plan area, with potential for several plan-permitted uses subject to approvals.
Where is this office building located?
The property is located at 8 Baldwin Avenue Jersey City, NJ.
What is the lease rate?
The lease rate is $1,775,000.
What are key features of this property?
This property features: Existing three‑story office and commercial building in Jersey City's Beacon Redevelopment Plan area; Plan‑permitted principal uses include residential, commercial, schools, and medical offices, subject to requirements; Zoning determination letter lists no density maximum or unit maximum; unit count is governed by building code and existing envelope
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