1040-1042 Garfield ave - 1040-1042 Garfield Ave AKA Marcos Tires

GRID Real Estate, LLC (“GRID”) has been exclusively retained by the owners of 1040-1042 Garfield Ave, Jersey City to market and sell this exceptional property, presenting a unique opportunity for developers or owner occupiers in one of the city’s most desirable and fast-evolving neighborhoods. Ideally positioned at the entrance to Berry Lane Park—Jersey City's largest and newest park—and just steps from the Garfield Ave Light Rail Station and Communipaw Ave Junction, this property offers a rare chance to acquire a sizable commercial lot with automotive and industrial zoning. Located along Garfield Avenue, the city’s main north-south corridor, 1040-1042 Garfield Ave enjoys unmatched accessibility and visibility, making it a prime asset in one of Jersey City's most rapidly developing areas. The property represents one of the few remaining commercial lots in the Bergen Lafayette market, making it a desirable for developers or business owners. The retail potential for the property is extraordinary and the opportunity to add value as the community evolves is strong. As with most neighborhoods in Jersey City, the commute to Manhattan is among the best available in the region, with close proximity to major public transportation options. 1040-1042 Garfield Ave is a short walk south to the Garfield Avenue light rail station. The light rail line connects to the Exchange Place PATH stop and provides a 7 minute commute to the Oculus-World Trade Center Transportation Hub. The Pavonia Street PATH station, located on the same light rail line, offers an 18-minute ride to Midtown Manhattan (33rd St. & 6th Ave). The transportation options provide convenient connections to everything in the region, including the three major airports. 1040-1042 Garfield Ave is located on +/- 9,000 square feet of property or .21 acres. The main building that comprises 1040-1042 Gafield Ave is approximately 3,000 square feet on one (1) floor. The property has three (3) drive-in bays with close to fifty (50) parking spaces. The property is located on tax block 18901, lots 4 and 5. The real estate taxes for calendar year 2024 is $12,196.