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Property profile & analytics

121 Newark Ave Jersey City, NJ 07302

  • Commercial real estate
  • 0.19 lot acres
Value Estimation
Location Intelligence
Property ID
US59-0483201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • chi4life / Holistic Medicine Practitioner
  • Valyuk Viktoriya DDS / Dentist
  • Vita Dental Arts / Dentist / Cosmetic Dentist
  • FCS Metro LLC / Fire Alarm Supplier
  • Peggy Kraft Counseling / Counselor

Property Details for 121 Newark Ave

Year built
1937
Construction
BRICK
Lot size
0.19 lot acres
Zone code
C-2
Property type
Commercial real estate
APN
06 11405-0000-00018
APU
611405000000018

Description

This exceptional medical office building at 121 Newark Avenue in Jersey City, NJ (zip code 07302) offers a unique opportunity for medical professionals. The property consists of two five-story buildings totaling 42,735 square feet, with spaces available ranging from 1,000 to 6,000 contiguous square feet. Multiple tenancies are available. A significant capital improvement project was completed in 2018, and further enhancements were made in 2024, including a new façade, upgraded elevator mechanics, a renovated lobby, modernized common bathrooms, and a new entrance vestibule. The building boasts a strong co-tenancy, including established medical practices such as Spine & Sport Health Center, Heights Orthodontics, JC Oral Surgery, Vita Dental Arts, and Raj Mukerji State Legislative Offices. Its unparalleled location directly above the Grove Street PATH station and adjacent to Restaurant Row provides exceptional accessibility and convenience. Commuting to Manhattan is a breeze, with an 11-minute ride to the World Trade Center and an 18-minute commute to Midtown Manhattan (33rd Street & 6th Avenue). An additional 4,000 square foot full-floor space is also available at 175 Newark Avenue, featuring a private parking lot. This is a rare opportunity to establish or expand your practice in a thriving, well-connected, and beautifully renovated medical office building.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Jersey City
County
Hudson
State
New Jersey
Longitude
-74.0433
Latitude
40.7199
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$173,953
$1,890,300
$6,322,800
$8,213,100
-
$1,890,300
$6,322,800
$8,213,100
More about this property
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