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    711 Montgomery St Jersey City, NJ 07306

    For Lease
    Contact for pricing

    Class A Retail, Multiple Suites Available

    Lot size:
    6,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional Class A retail property at 711 Montgomery Street, Jersey City, NJ 07306, offers three available spaces within a newly constructed (2024) 6,450 square foot building. The spaces range from a minimum of 1,261 square feet to a maximum contiguous space of 5,189 square feet, providing flexibility for various retail businesses. The building boasts a single story, part of a larger 17-story structure, and benefits from a highly desirable commercial zoning designation. Located on busy Montgomery Street, between Orchard and Bergen Avenues, this property enjoys exceptional visibility and high foot traffic. The strategic location offers proximity to St. Peter's University and Hudson Catholic High School, further enhancing its appeal. Just five blocks from the Journal Square PATH station, the property benefits from convenient access to public transportation. Significant street frontage is available, with Space 1 offering 25 feet along Orchard Street, Space 2 boasting 50 feet along Montgomery Street, and Space 3 providing 40 feet of frontage on Montgomery Street. Montgomery Street sees an impressive 14,564 vehicles per day, while Orchard Street registers 3,100 vehicles per day, ensuring significant exposure for your business. This is a rare opportunity to secure prime retail space in a thriving Jersey City location.

    Property Features for 711 Montgomery St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,450 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    17

    Unit(s) available at that property

    Space
    Space 2
    Size
    2,810 SF
    Space
    Space 3
    Size
    1,261 SF
    Space
    Space 1
    Size
    2,379 SF

    HighLights

    • Brand new retail space in Jersey City's McGinley Square, at the base of a 285‑unit high‑rise, across from another 287‑unit high‑rise.
    • High foot traffic and vibrant atmosphere, proximate to Journal Square and Downtown Jersey City.
    • Excellent walkability to Journal Square PATH station, Saint Peter's University, and Hudson Catholic High School.
    • High visibility on Montgomery Street, near Bergen Avenue.
    • Surrounded by hundreds of new residential units under construction.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -74.067246
    Latitude
    40.724357

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    FAQs

    What type of property is this?
    Retail property - Class A Retail, Multiple Suites Available
    Where is this retail property located?
    The property is located at 711 Montgomery St Jersey City, NJ.
    What are key features of this property?
    This property features: Brand new retail space in Jersey City's McGinley Square, at the base of a 285-unit high-rise, across from another 287-unit high-rise.; High foot traffic and vibrant atmosphere, proximate to Journal Square and Downtown Jersey City.; Excellent walkability to Journal Square PATH station, Saint Peter's University, and Hudson Catholic High School.
    Request Owner's contact information
    711 Montgomery St Jersey City, NJ 07306
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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
    711 Montgomery St Jersey City, NJ 07306
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