Invest in booming Journal Square! Retail space + 3 residential units

Margo Fuller
Licensed Real Estate Salesperson
Rob Fuller
Licensed Real Estate Salesperson | The Mansilla Team | Licensed as 'John Fuller'
140 Bay St, Suite 1 Jersey City, NJ 07302


531 Newark Ave
Jersey City NJ 07306
Cross street:Palisade Ave & Baldwin Ave


Ownership: income-property
Type: Brownstone
Bedrooms: 6 BR
Bathrooms: 3
Pets: Pets Allowed
Lot Size: 3200 sq ft


Price: $1,800,000
Annual Taxes: $16,724


Don't miss the opportunity to invest in a rapidly changing and developing Journal Square area of Jersey City! This brick building is located on a busy Newark Ave, just a few blocks from the Journal Square transportation hub. Retail space is currently occupied by a laundromat, which has access to the backyard. This location is ideal for any walk-in business due to a high pedestrian traffic. Atop the commercial space there are 3 residential units: 1,2, and 3 bedrooms each.

Upside potential to build out the 2nd and 3rd floor for an extra 1000sq ft per floor, and add the 4th floor. Pro-forma available upon request.


  • Back Yard
  • ground-floor
  • hardwood-floors


More listings: Journal Square

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