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391 Central Ave

6,582 SF 100% Leased Retail Building Jersey City, NJ 07307 $2,200,000 ($334/SF)

Retail Space New Jersey Jersey City 391 Central Ave, Jersey City, NJ 07307

Executive Summary

Welcome to 391 Central Avenue in the Heights - a fabulous 7 unit multifamily, mixed use building on the highly foot trafficked block of Central Ave in Jersey City. This property boasts six two bedroom/one bathroom units ranging between 645-735 square feet and one commercial space that is 1377 square feet. This building consists of all condos but can be converted back into a rental building. Currently sold as a package of 7 total units, and not sold separately. Great neighborhood appeal with residential, retail stores, parks, public transportation and more! Boasting over 100k in NOI this deal is worth a look, and with the property well maintained, just simply step into the ownership role and start collecting rent. Make this addition to your portfolio today!

Attachments

Income & Expense

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,582 SF
Building Class
C
Year Built
1915
Price
$2,200,000
Price Per SF
$334
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.02
Lot Size
0.05 AC
Zoning
NC, Jersey City
Parking
2 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
22 FT on Central

Amenities

  • Bus Line
  • Signage
1 of 1
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Valley National Bank
Oritani Bank
Chase Bank
Blimpie
Central Market
Bank of America
Stop & Shop
Noches De Colombia
Santander
Crossfit
(201) 222-2900

Contacts

  • Listing ID: 28409552

  • Date on Market: 5/5/2023

  • Last Updated:

  • Address: 391 Central Ave, Jersey City, NJ 07307

The Retail Property at 391 Central Ave, Jersey City, NJ 07307 is currently available for sale. Contact Liberty Realty, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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391 Central Ave, Jersey City, NJ for sale Building Photo- Image 1 of 2
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391 Central Ave
(201) 222-2900 x

391 Central Ave

1/2

Margaret Watson

(201) 222-2900

(201) 222-2900

Tarek Hassieb

(201) 222-2900

(201) 222-2900

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