Property summary
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… monthly rent, a second-floor two-bedroom apartment rented for $3,950 per month, and a vacant 2,300 square foot top-floor loft space perfect for owner-occupancy. This versatile space is adaptable for a variety of uses, from residential to commercial. Located within the Morgan/Grove/Marin Redevelopment Plan, the property benefits from attractive zoning that allows for the as-of-right addition of a fourth story, significantly increasing the building's potential value and functionality. The current configuration offers immediate income potential, while the development potential unlocks significant long-term growth opportunities. This is a truly unique opportunity in a highly desirable and rapidly appreciating area. Don't miss out!
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.06 ac
- Year built
- 1887
- Stories
- 3
- APN
- 06 11507-0000-00025
- Zoning
- R-4
- Assessed value · 2024
- $1,463,600
- Annual tax · 2023
- $21,969
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the multi-unit high-rise district is to accommodate low, medium and high-rise multi-unit housing in appropriate locations that are served by mass transit, off-street parking and adequate public infrastruct…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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