This five unit mixed-use building is comprised of 3 street level retail units and 2 three bedroom residential units

140 Bay St, Suite 1 Jersey City, NJ 07302
Phone: 201-225-8655
Fax: 201-604-6474
Courtesy of KELLER WILLIAMS CITY LIFE JC REALTY (201-433-1111)


JC, Journal Square NJ 07306
Cross street:Oakland Ave and Baldwin Ave


Ownership: For Sale


Price: $1,000,000


This five unit mixed-use building is comprised of 3 street level retail units and 2 three bedroom residential units. Solid brick construction, the building is on a large corner lot, providing the storefronts with high visibility on this very busy stretch of Baldwin Avenue leading into the heavily trafficked Newark Avenue and Municipal Courthouse area. Currently vacant, the 3 storefronts may be leased individually or combined and built out to suit the next tenants needs. Previous use was a large deli/convenience store for two of the combined spaces, and an office for the third space. The two residential units upstairs are large 3 bed 1 bath units and have been renovated. Tons of windows and a corner location provide open and light filled space, making these apartments very appealing to prospective tenants and therefore lease quickly. They are currently occupied at an under-market rent and could easily be rented at a higher rate without any modification. Located in prime Journal Square, this property is only about a 4 block or 8 minute walk to the Journal Square Transportation Hub offering quick and easy access to both the 33rd St and the World Trade Center PATH lines to Manhattan. Commute times are 25 minutes to midtown, 15 minutes to the lower Manhattan WTC transportation hub. 71 Court House Place is not located in a flood zone, was not flooded during superstorm Sandy, nor is it required to carry flood insurance. This building is not under rent control.

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