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154 Chestnut Ave 5,070 SF 100% Leased Retail Building Jersey City, NJ 07306 $1,350,000 ($266.27/SF) 8.67% Cap Rate
Investment Highlights
- Already set up as a fast food restaurant
- Make additional income on the residential rentals
Executive Summary
The deep 109-foot lot provides excellent outdoor potential, while the frame construction features robust utilities including multi-zone gas heating. Located just 3 blocks from the Journal Square PATH station, your tenants will enjoy a seamless commuter experience into lower and midtown Manhattan. this property promises high rental demand and strong long-term appreciation. Bring your vision and capitalize on the booming Jersey City market today!
Seize the opportunity to position your business in one of Jersey City's most rapidly expanding neighborhoods! Located at 154 Chestnut Ave, this highly visible, ground-floor commercial space is perfectly outfitted for a premier restaurant, café, or retail concept. Positioned just 3 to 4 blocks from the bustling Journal Square PATH station, the location guarantees heavy, built-in foot traffic from NYC commuters and local residents alike.
The space has been thoughtfully modernized and features brand-new, electrical systems, fully updated plumbing, and separate utilities—saving you massive upfront capital and construction delays. Boasting a clean, versatile layout with excellent street frontage and large windows, this property offers the ultimate canvas to build or scale your brand. Restaurant equipment included for an upfront $75,000 key money
Don't miss out on securing a foothold in Jersey City's premier commercial hub. Schedule your private walkthrough today!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Seize the opportunity to position your business in one of Jersey City's most rapidly expanding neighborhoods! Located at 154 Chestnut Ave, this highly visible, ground-floor commercial space is perfectly outfitted for a premier restaurant, café, or retail concept. Positioned just 3 to 4 blocks from the bustling Journal Square PATH station, the location guarantees heavy, built-in foot traffic from NYC commuters and local residents alike. The space has been thoughtfully modernized and features brand-new, electrical systems, fully updated plumbing, and separate utilities—saving you massive upfront capital and construction delays. Boasting a clean, versatile layout with excellent street frontage and large windows, this property offers the ultimate canvas to build or scale your brand. Don't miss out on securing a foothold in Jersey City's premier commercial hub. Schedule your private walkthrough today!
| Space | Size | Space Use | Position | Available |
| 1st Fl | 1,690 SF | Retail | - | Sep 2026 |
1st Fl
| Size |
| 1,690 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Sep 2026 |
1st Fl
| Size | 1,690 SF |
| Space Use | Retail |
| Position | - |
| Available | Sep 2026 |
Seize the opportunity to position your business in one of Jersey City's most rapidly expanding neighborhoods! Located at 154 Chestnut Ave, this highly visible, ground-floor commercial space is perfectly outfitted for a premier restaurant, café, or retail concept. Positioned just 3 to 4 blocks from the bustling Journal Square PATH station, the location guarantees heavy, built-in foot traffic from NYC commuters and local residents alike. The space has been thoughtfully modernized and features brand-new, electrical systems, fully updated plumbing, and separate utilities—saving you massive upfront capital and construction delays. Boasting a clean, versatile layout with excellent street frontage and large windows, this property offers the ultimate canvas to build or scale your brand. Don't miss out on securing a foothold in Jersey City's premier commercial hub. Schedule your private walkthrough today!
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-09706-0000-00002 | Total Assessment | $1,056,900 (2026) |
| Land Assessment | $243,200 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $813,700 (2026) | Tax Year | 2025 |
Property Taxes
Contact the Sale Advisor
154 Chestnut Ave