209 Monticello Ave Jersey City, NJ 07304
- Commercial real estate
- 0.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 209 Monticello Ave
- Construction
- BRICK
- Lot size
- 0.09 lot acres
- Property type
- Commercial real estate
- APN
- 06 16703-0000-00008- 02
- APU
- 61670300000000802
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $430,000
- 6.5%
- $385,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $335,000
- Mixed-Use
- $360,000
- Hospitality
- $345,000
- Educational
- $375,000
- Residential Income
- $345,000
- Energy
- $340,000
- Income-Based Land
- $345,000
- Food Service
- $380,000
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0704
- Latitude
- 40.722
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
