Log In/Sign Up
Your email has been sent.
362 Central Ave 1,424 SF 100% Leased Retail Building Jersey City, NJ 07307 $990,000 ($695.22/SF)
EXECUTIVE SUMMARY
Prime redevelopment opportunity in the heart of the Jersey City Heights business district, located on the same block as the much hyped Central Avenue Redevelopment Zone. The property sits on a 20’ x 120’ lot and features two side-by-side street-level commercial spaces with rear yard, offering strong redevelopment potential. Surrounded by mid-rise development this site benefits from an established density profile and long-term upside. A NYC bus stop directly in front of the property provides a quick and convenient commute to Manhattan, enhancing both residential and commercial appeal. Also located just under 2 miles to the burgeoning Journal Square Redevelopment Zone which aims to establish the area as a thriving business, residential, cultural, and transit hub. Currently income-producing with month-to-month tenants in place, allowing immediate cash flow with flexibility for redevelopment. A compelling opportunity for developers and investors seeking a well-located asset in one of Jersey City's most active growth corridors
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$9,108
|
$6.40
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,108
|
$6.40
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $9,108 |
| Annual Per SF | $6.40 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $9,108 |
| Annual Per SF | $6.40 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,424 SF
Building Class
C
Year Built
1950
Price
$990,000
Price Per SF
$695.22
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.06 AC
Frontage
19’ on Central Ave
AMENITIES
- Bus Line
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Anita Cassandra Religious Goods
- Retailer
- -
- -
- -
- Discount Boutique
- Retailer
- -
- -
- -
- Village Shoe Repair
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Anita Cassandra Religious Goods | Retailer | - | - | - | ||
| Discount Boutique | Retailer | - | - | - | ||
| Village Shoe Repair | Services | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-02901-0000-00036 | Total Assessment | $407,900 |
| Land Assessment | $181,700 | Annual Taxes | $9,108 ($6.40/SF) |
| Improvements Assessment | $226,200 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
06-02901-0000-00036
Land Assessment
$181,700
Improvements Assessment
$226,200
Total Assessment
$407,900
Annual Taxes
$9,108 ($6.40/SF)
Tax Year
2025
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
362 Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.