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387 8th St
Jersey City, NJ 07302
One Jones Park · Multifamily Property For Sale
·
75 Units
Executive Summary
Prime Parkside Positioning:Situated directly on Enos Park within the prestigious One Jones Park development, offering a serene urban setting in the heart of Downtown Jersey City.
Expansive Bi-Level Layout: This 6,829 SF commercial condominium spans two floors, providing a versatile footprint for a wide range of flagship retail or professional uses.
Soaring Ground Floor Volumes: The 2,890 SF first floor features dramatic 20-foot ceilings and floor-to-ceiling glass windows that flood the space with natural light.
Seamless Internal Connectivity: The unit is equipped with a private elevator and a dedicated internal staircase, ensuring effortless flow and accessibility between levels.
Iconic New York City Views: The 3,939 SF second floor boasts wrap-around glass windows on the north side, offering breathtaking views of the NYC skyline and Enos Park.
Strategic Transit Accessibility Ideally located within walking distance to all forms of mass transportation, including PATH trains and bus routes for easy regional access.
Unrivaled Hub Location: The property sits just blocks away from Newark Avenue, Hamilton Park, Journal Square, and Hoboken, placing it at the epicenter of Jersey City’s most vibrant neighborhoods.
Built-In Customer Base: Surrounded by hundreds of new luxury residential units, providing immediate and consistent foot traffic from a high-income demographic.
Versatile "Blank Canvas": Potential With its open layout and high visibility, the space is perfectly suited for a boutique grocer, creative hub, medical facility, or fitness operator.
Maximum Brand Visibility: The extensive glass frontage offers premium signage opportunities and incredible street presence in a rapidly growing, high-traffic corridor.
Expansive Bi-Level Layout: This 6,829 SF commercial condominium spans two floors, providing a versatile footprint for a wide range of flagship retail or professional uses.
Soaring Ground Floor Volumes: The 2,890 SF first floor features dramatic 20-foot ceilings and floor-to-ceiling glass windows that flood the space with natural light.
Seamless Internal Connectivity: The unit is equipped with a private elevator and a dedicated internal staircase, ensuring effortless flow and accessibility between levels.
Iconic New York City Views: The 3,939 SF second floor boasts wrap-around glass windows on the north side, offering breathtaking views of the NYC skyline and Enos Park.
Strategic Transit Accessibility Ideally located within walking distance to all forms of mass transportation, including PATH trains and bus routes for easy regional access.
Unrivaled Hub Location: The property sits just blocks away from Newark Avenue, Hamilton Park, Journal Square, and Hoboken, placing it at the epicenter of Jersey City’s most vibrant neighborhoods.
Built-In Customer Base: Surrounded by hundreds of new luxury residential units, providing immediate and consistent foot traffic from a high-income demographic.
Versatile "Blank Canvas": Potential With its open layout and high visibility, the space is perfectly suited for a boutique grocer, creative hub, medical facility, or fitness operator.
Maximum Brand Visibility: The extensive glass frontage offers premium signage opportunities and incredible street presence in a rapidly growing, high-traffic corridor.
Property Facts
| Price Per Unit | $77,543 CAD | Building Class | A |
| Sale Type | Investment | Lot Size | 0.34 AC |
| Sale Condition | Lease Option | Building Size | 6,829 SF |
| No. Units | 75 | No. Stories | 9 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 13.18/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | Midrise Transition Zone | ||
| Price Per Unit | $77,543 CAD |
| Sale Type | Investment |
| Sale Condition | Lease Option |
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.34 AC |
| Building Size | 6,829 SF |
| No. Stories | 9 |
| Year Built | 2025 |
| Parking Ratio | 13.18/1,000 SF |
| Zoning | Midrise Transition Zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Fitness Center
- Doorman
- Trash Pickup - Curbside
- Roof Terrace
- Bicycle Storage
- Elevator
- Lounge
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 807 |
| 2+2 | 47 | - | 1,222 |
| 3+2 | 3 | - | 1,686 |
Property Taxes
| Parcel Number | 06-09802-0000-00035-01 | Improvements Assessment | $3,421,975 CAD |
| Land Assessment | $7,570,093 CAD | Total Assessment | $10,992,068 CAD |
Property Taxes
Parcel Number
06-09802-0000-00035-01
Land Assessment
$7,570,093 CAD
Improvements Assessment
$3,421,975 CAD
Total Assessment
$10,992,068 CAD
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