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548 Jersey Ave 3,000 SF 100% Leased Retail Building Jersey City, NJ 07302 $4,505,930 CAD ($1,501.98 CAD/SF) 4.83% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime corner lot with strong curb appeal
  • Fully renovated interiors – no deferred maintenance
  • Zoned for high traffic, transit-oriented mixed-use
  • Mixed-use asset with long-term commercial tenant
  • Rare value-add potential via rooftop development

EXECUTIVE SUMMARY

PRIME MIXED-USE CORNER ASSET – 548 Jersey Ave, Jersey City, NJ
INCOME-PRODUCING | HIGH-TRAFFIC LOCATION | 2 BLOCKS TO GROVE ST PATH
Welcome to 548 Jersey Ave — a standout, fully renovated three-unit mixed-use brick building ideally positioned at a high-visibility corner in the heart of Downtown Jersey City. This trophy building offers tremendous upside with solid in-place income and strong future potential. Whether you're a seasoned investor or owner-user looking for a live-work opportunity, this property checks all the boxes.
PROPERTY HIGHLIGHTS:
Approx. 1100 SF retail storefront + basement – currently home to a charming, long-standing flower shop with 30 years of neighborhood legacy. Incredible street presence and heavy foot traffic.
Two beautifully upgraded 2-bedroom residential units with separate utilities, high-end finishes, and in-unit washer/dryers.
Potential for a rooftop deck – unlock additional value and lifestyle appeal.
1-minute walk to Grove St PATH – effortless 10-minute commute to Manhattan’s Financial District.
RESIDENTIAL UNIT DETAILS:
Unit 1: 2 Bed / 1.5 Bath – High ceilings, hardwood floors, modern kitchen & baths, dishwasher, washer/dryer in unit. Ideal layout for rental or owner occupancy.
Unit 2 (Duplex): Spans 2nd & 3rd floors – spacious open concept with abundant natural light, stainless steel appliances, marble-tiled bathrooms, hardwood throughout, and generous closets. A turnkey luxury rental in a prime location.
LOCATION, LOCATION, LOCATION:
Just steps from Newark Ave’s vibrant retail & dining corridor, surrounded by boutique shops, restaurants, and nightlife. The proximity to the PATH and the energy of the neighborhood create high desirability and low vacancy risk.
INVESTMENT SUMMARY:
Prime corner lot with strong curb appeal
Mixed-use asset with long-term commercial tenant
Fully renovated interiors – no deferred maintenance
Rare value-add potential via rooftop development
Zoned for high traffic, transit-oriented mixed-use
This is your opportunity to own a true Downtown Jersey City gem — location, income, stability, and upside all in one package.
Please text Cynthia 973-220-4079 for showing. Tenant occupied, 24 hr notice is preferred. Showings with proof of funds only. Financials available upon request.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1878
Price
$4,505,930 CAD
Price Per SF
$1,501.98 CAD
Cap Rate
4.83%
NOI
$217,740 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.30
Lot Size
0.03 AC
Zoning
N/Av
Frontage
23’ on Jersey Avenue
Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (82)
Bike Score®
Very Bikeable (79)
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.®

NEARBY MAJOR RETAILERS

Club Pilates
Starbucks
PNC Bank
Bank of America
Bareburger
Wings To Go
Santander
Chase Bank
BCB Bank
ShopRite

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-11114-0000-00031
Land Assessment
$424,667 CAD (2025)
Improvements Assessment
$961,773 CAD (2025)
Total Assessment
$1,386,440 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35872416

  • Date on Market: 2025-05-15

  • Last Updated:

  • Address: 548 Jersey Ave, Jersey City, NJ 07302

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