121 Newark Ave Jersey City, NJ 07302
- Commercial real estate
- 0.19 lot acres
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
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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
- -74.0433
- Latitude
- 40.7199
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA