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Newly Built Apartment Building with Retail
For Sale
Contact for pricing

829 Garfield Ave, Jersey City, NJ 07305

Residential units are complemented by fully leased commercial space and fitness, parking, and outdoor amenities.

Property SizeContact for details
Days on Market136

Property Features for 829 Garfield Ave

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $2,967,167

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 110

Amenities

fitness center
secure garage parking
outdoor terrace with firepit and grills
Listing Agency: Newmark - Rutherford
Listed By: Gene Pride · License #2191148
Source: Crexi
Added: Apr 20 Changed: Sep 2 Last Checked: Aug 31 at 9:18PM

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 Newmark - Rutherford

Investment Insights

Based on property information with market context.

This newly constructed apartment building includes 110 residences alongside a retail component. Apartments average 978 square feet and feature open layouts, designer finishes, oversized windows, and 9-foot ceilings. Building amenities include a fitness center, secure garage parking, and an outdoor terrace equipped with a firepit and grills.

The commercial space is fully leased through 2036. Located at 829 Garfield Ave in Jersey City, the property sits one block from Hudson Bergen Light Rail, with connections to PATH, New York City, and Hoboken. I-78 is approximately one-quarter mile away, providing regional vehicular access.

Key Highlights

  • 110 apartments within a newly constructed mixed‑use property
  • Apartments average 978 square feet and feature 9‑foot ceilings
  • Retail space is fully leased through 2036

Property Analytics

Current Use

Sprinter Limo Van ... Limousine Service 829 Garfield Apartment Building

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Carpet & Flooring 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

110
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby

Demographics for 07305, NJ

67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Residential units are complemented by fully leased commercial space and fitness, parking, and outdoor amenities.
Where is this apartment building located?
The property is located at 829 Garfield Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $52,000,000.
What are key features of this property?
This property features: 110 apartments within a newly constructed mixed‑use property; Apartments average 978 square feet and feature 9‑foot ceilings; Retail space is fully leased through 2036
(203) 531-3637 Call to check price and availability
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