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Property profile

200 Monticello Ave Jersey City, NJ 07304

OFF-MARKET
Retail properties & Spaces
Property ID
US59-1960640
Built 2024
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Property summary

AI-generated overview

This exceptional 2,331 square foot retail space, situated in a brand-new, five-story mixed-use building at 200 Monticello, presents a remarkable opportunity for discerning businesses. Scheduled for completion in early January 2025, this corner unit boasts unparalleled visibility on a main retail thoroughfare, ensuring high foot traffic and maximum brand exposure. The building features modern construction and elevators, providing a comfortable and accessible environment for both customers and staff. This space is perfect for a variety of retail uses, from restaurants to medical offices. The property benefits from a rapidly expanding residential area, with over 1,500 new apartments planned for the immediate vicinity within the next few years, guaranteeing a substantial and growing customer base. The lease rate does not include utilities, property expenses, or building services. Central air conditioning is included. This is a build-to-suit opportunity in a prime location. Don't miss the chance to establish your business in this thriving neighborhood. Secure your space today.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
UPID US59-1960640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 Monticello Ave Jersey City, NJ 07304
Jersey City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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