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    1075 Side Ave Jersey City, NJ 07306

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    Contact for pricing

    7,835 SF Multi-Tenant Retail in Jersey City

    Lot size:
    7,835 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,835 square foot multi-tenant retail property, located at 1075 West Side Avenue in Jersey City, NJ 07306, presents a unique investment opportunity. Situated on the bustling Broadway corridor, this property benefits from high visibility and foot traffic. The building is ideally suited for a variety of uses, including cafes, restaurants, medical facilities, and general retail businesses. Its prime location within the Marion neighborhood of Jersey City places it in the heart of a rapidly growing area. The immediate vicinity boasts thousands of recently constructed and planned upscale residential units, creating a strong and expanding customer base. These new high-rise developments feature trendy retail spaces and vibrant communal areas, contributing to a thriving and dynamic neighborhood atmosphere. The property's proximity to the Journal Square PATH station ensures excellent accessibility and connectivity for both residents and commuters. This strategic location, combined with the diverse range of potential tenants, makes this a highly attractive investment prospect for those seeking a strong return in a rapidly developing urban environment. The property's 7,835 square feet offers ample space for multiple tenants or a single large-scale operation. This is an exceptional opportunity to establish a presence in a vibrant and rapidly expanding area of Jersey City.

    Property Features for 1075 Side Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,835 SF

    Unit(s) available at that property

    Space
    Retail 4
    Size
    2,639 SF
    Space
    Retail 2
    Size
    1,515 SF
    Space
    Retail 1
    Size
    1,784 SF
    Space
    Retail 6
    Size
    2,860 SF
    Space
    Retail 5
    Size
    815 SF
    Space
    Retail 3
    Size
    3,721 SF

    HighLights

    • 7,835 SF multi‑tenant retail property at 1075 West Side Avenue, Jersey City, NJ 07306.
    • High visibility location on the Broadway corridor with strong foot traffic.
    • Suitable for various uses including cafes, restaurants, medical, and general retail.
    • Located in Jersey City's rapidly growing Marion neighborhood, near thousands of new residential units.
    • Excellent accessibility due to proximity to the Journal Square PATH station.
    • Ample space for multiple tenants or a single large user.
    Property Profile Location Intelligence

    Current Use by Public Records

    adb Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -74.071062
    Latitude
    40.736371

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    FAQs

    What type of property is this?
    Restaurant - 7,835 SF Multi-Tenant Retail in Jersey City
    Where is this restaurant located?
    The property is located at 1075 Side Ave Jersey City, NJ.
    What are key features of this property?
    This property features: 7,835 SF multi-tenant retail property at 1075 West Side Avenue, Jersey City, NJ 07306.; High visibility location on the Broadway corridor with strong foot traffic.; Suitable for various uses including cafes, restaurants, medical, and general retail.
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    Jersey City, NJ 07306
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    Realmo Value Estimation

    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.

    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.

    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
    1075 Side Ave Jersey City, NJ 07306
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