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475-493 Newark Ave 4,612 SF Retail Building Jersey City, NJ 07306 $1,950,000 ($422.81/SF)
INVESTMENT HIGHLIGHTS
- Ideal Layout 24+ Units
- .25 Miles from Downtown JC
- Many New Development Propjects Nearby
- Panoramic NYC Views
- Easy Commuter Access
- Zoning: NC
EXECUTIVE SUMMARY
Great corner property with panoramic NYC views in the NC zone. This site sits just a quarter mile from downtown Jersey City and among many new development projects. Suitable for 24+ units. NC zone has no density requirement or parking requirement. Inquire for additional details
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,612 SF
Building Class
C
Year Built
1977
Price
$1,950,000
Price Per SF
$422.81
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
1.00
Lot Size
0.11 AC
Zoning
R-2 - Medium-Density Residential District
Frontage
23’ on Newark Ave
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-09706-0000-00010 | Improvements Assessment | $77,500 |
| Land Assessment | $125,200 | Total Assessment | $202,700 |
PROPERTY TAXES
Parcel Number
06-09706-0000-00010
Land Assessment
$125,200
Improvements Assessment
$77,500
Total Assessment
$202,700
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475-493 Newark Ave
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