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Property profile

246 Beacon Ave Jersey City, NJ 07306

OFF-MARKET
Warehouses
9,375 SF
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Property summary

AI-generated overview

This exceptional 9,375-square-foot industrial property in Jersey City, NJ, presents a unique investment opportunity. Located at 246 Beacon Ave, 07306, this Class A building boasts a prime location in Jersey City Heights, offering convenient access to major highways, public transportation (including proximity to the Journal Square PATH station and New York buses), and Pershing Field Park. The property features a single-tenant occupancy in a two-story building, renovated in 2002. The versatile space includes approximately 3,150 square feet of office/commercial space (75'W x approximately 30'L), a substantial warehouse area of approximately 2,250 square feet, and a convenient 15'W x 60'L loading dock. The property also offers ample parking with eight spaces. Two bathrooms are included. The lot size is 9,375 square feet (75'W x 125'). This adaptable space is ideal for various uses, including office, storage, display, and parking. Available for lease at $8,000 NNN, commencing February 2025, or for purchase at $3.75 million. This is a rare opportunity to acquire a well-situated, versatile industrial property in a thriving Jersey City neighborhood.

Property profile

Verified
Property type Warehouses
Total area 9,375 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Home Decor Store

Location

246 Beacon Ave Jersey City, NJ 07306
Jersey City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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