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    209 Monticello Ave Jersey City, NJ 07304

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    For Lease
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    4,800 SF Freestanding Office - Lease

    Lot size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,800 square foot freestanding executive office building is available for lease at 209 Monticello Avenue in Jersey City, New Jersey. Located in Hudson County, this single-tenant property offers a unique opportunity for a business seeking a prominent and versatile space. The building boasts a substantial 24-foot ceiling height, providing ample room for creative design and efficient layout. The property's classification encompasses retail, office, and industrial uses, offering flexibility for a variety of businesses. The entire 4,800 square feet is currently vacant, allowing for complete customization to meet specific operational needs. The building's prime location in Jersey City, with its vibrant business environment and convenient access to major transportation routes, makes it an ideal choice for companies seeking a strategic location within the New Jersey market. The 07304 zip code ensures easy access to a range of amenities and services. This is a rare opportunity to secure a substantial, adaptable space in a highly desirable location. The property's mixed-use zoning provides further flexibility for potential tenants. Interested parties are encouraged to inquire for further details and to schedule a viewing. The building is ready for immediate occupancy.

    Property Features for 209 Monticello Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,800 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,800 SF

    HighLights

    • Historic building near public transit.
    • Former YMCA pool building, renovated with modern finishes and systems.
    • McGinley Square SID; 92‑unit mixed‑use development in a growing neighborhood.
    • Ideal for retail, community services, professional offices, daycare, or fitness uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    -74.070067
    Latitude
    40.721926

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    FAQs

    What type of property is this?
    Individual retail property - 4,800 SF Freestanding Office - Lease
    Where is this individual retail property located?
    The property is located at 209 Monticello Ave Jersey City, NJ.
    What are key features of this property?
    This property features: Historic building near public transit.; Former YMCA pool building, renovated with modern finishes and systems.; McGinley Square SID; 92-unit mixed-use development in a growing neighborhood.
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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
    209 Monticello Ave Jersey City, NJ 07304
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