Mixed-Use Building with
New
For Sale
$3,200,000
95 COLES ST JC, Jersey City, NJ 07302
A medical office occupies the ground floor, with three two-bedroom apartments above.
Property Size5,200 SF
Price / SF$615.38
Days on Market3
Property Features for 95 COLES ST JC
General Information
Standard status
Active
Size
5,200 SF
Total Parking Spaces
2
Property subtype
Investment
Units
Unit Mix
3 x 2BR/2BA
Multifamily Units
3
Office Units
1
Additional Details
Public Transit
Yes
Amenities
private balconies
rooftop deck
Building Details
Buildings
1
Building Size
5,200 SF
Tenancy
Multi
Listing Agency:
HOME STAR REALTY INC.
Listed By:
MERCEDITA SERRANO-MARASIGAN · License #565
(201) 347-6855
Source:
Propertiesbysouthern
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:15AM
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 HOME STAR REALTY INC.
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Investment Insights
Based on property information with market context.
This detached, modern mixed-use building contains 5,200 square feet. The ground floor is occupied by a medical office, and the upper levels contain three matching apartments, each with two bedrooms and two bathrooms. Additional features include open layouts, private balconies, a rooftop deck and a private two-car garage.
The property is at 95 Coles Street in Jersey City, NJ. Grove Street PATH is a six-minute walk away, with Hamilton Park and Newark Ave Plaza nearby.
The property is at 95 Coles Street in Jersey City, NJ. Grove Street PATH is a six-minute walk away, with Hamilton Park and Newark Ave Plaza nearby.
Key Highlights
- 5,200‑square‑foot detached building with medical office and three apartments
- Three matching apartments, each with 2 bedrooms and 2 bathrooms
- Private balconies and a rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,859
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,117,180
$2.1M
Cap Rate 7%
$1,512,271
$1.5M
Cap Rate 9%
$1,176,211
$1.2M
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$202.2K $38.88/SF
− Vacancy
−$9.7K −$1.87/SF
EGI
$192.5K $37.01/SF
− OpEx
−$86.6K −$16.66/SF
NOI
$105.9K $20.36/SF
Area
Jersey City, NJ
Vacancy
4.80%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,117,180
Cap Rate 7%
$1,512,271
Cap Rate 9%
$1,176,211
Alternative Uses
Best Use
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,859 @ 7.0% cap · market cap 3.31%
Second Best
Healthcare Medical
$1.29M
$1.13M – $1.51M
NOI $90,584 @ 7.0% cap · market cap 2.83%
Theoretical Best
Multifamily LT 5
$1.69M
$1.48M – $1.97M
NOI $118,015 @ 7.0% cap · market cap 3.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,186
Businesses Nearby
Explore this area
Business Placement
Demographics for 07302, NJ
57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A medical office occupies the ground floor, with three two-bedroom apartments above.
Where is this mixed-use property located?
The property is located at 95 COLES ST JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 5,200‑square‑foot detached building with medical office and three apartments; Three matching apartments, each with 2 bedrooms and 2 bathrooms; Private balconies and a rooftop deck
