Financial
Distress signals
Property profile

196 Morgan St Jersey City, NJ 07302

OFF-MARKET
Industrial properties
Property ID
US59-3021281
0.06 ac lot Built 1887
Last sale Oct 2003 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story mixed-use building at 196 Morgan Street in Jersey City, New Jersey, presents a rare investment opportunity for owner-users or savvy investors. Boasting 6,750 square feet on a 2,500 square foot lot, this brick building is ideally situated in the heart of Downtown Jersey City, just one block from the Grove Street PATH station, providing unparalleled access to Manhattan. The property currently features three units: a ground floor dance studio generating $5,200 in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value · 2024$1.46M
Assessed land$623k
Assessed improvement$841k
Effective rate1.50%

Value estimate

· Sep 2026
$385k
$347k – $424k
AI approach$385k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$212/SF
County average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$132 – $420

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-4
The purpose of the multi-unit high-rise district is to accommodate low, medium and high-rise multi-unit housing in appropriate locations ...
General categoryRESIDENTIAL
JurisdictionHUDSON

Location intelligence

Which uses thrive at this corner?
Best fit: Fish Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Fish Market8.3
Assisted Living Facility7.7
Nursing Home7.4

Location

196 Morgan St Jersey City, NJ 07302-3014
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
87 Bright, Jersey City, NJ 07302-4301 $750,000 Jul 2024 No data
455 3rd, Jersey City, NJ 07302-2299 $5,100,000 May 2024 No data
338 Montgomery, Jersey City, NJ 07302-4009 $2,350,000 May 2024 No data
345 10th, Jersey City, NJ 07302-1323 $1,065,000 Mar 2023 No data
215 Van Vorst, Jersey City, NJ 07302 $1,800,000 Aug 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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