717 Newark Ave Jersey City, NJ 07306
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Kumon Math and Reading Center of Jersey City - Journal Square / Tutoring Service / Learning Center
- Dark Web Documents / Travel Agency / Money Order Service
Property Details for 717 Newark Ave
- Construction
- FRAME
- Lot size
- 0.06 lot acres
- Zone code
- C-1
- Property type
- Commercial real estate
- APN
- 06 07902-0000-00017
- APU
- 607902000000017
Description
This exceptional mixed-use property in Jersey City's vibrant Journal Square is offered at $2,500,000. The 2,750 square foot lot features a ground-level commercial space with approximately 25 feet of glass frontage, two large open areas, and five offices. Above the commercial space are four residential rental units: two one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Each unit has separate utilities and the building is equipped with sprinklers. The property's convenient location is just three blocks from the Journal Square PATH station, providing easy access to public transportation. Major highways, including I-95, Routes 1 & 9, and Route 280, are also easily accessible. All leases are month-to-month, offering flexibility for the new owner. This owner/user opportunity presents a compelling investment in a thriving Jersey City neighborhood, zoned for commercial use. The property is located at 717 Newark Avenue, Jersey City, NJ 07306, in Hudson County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0615
- Latitude
- 40.7349
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
