Jersey City, NJ 07307 · Investment · For Sale · MLS 250025105
574-614 Tonnelle Ave
$16,000,000
Investment
Use
4
Units
100
Parking spaces
108
Days Listed
About this property
574–614 Tonnelle Avenue presents a rare opportunity to unlock substantial value through strategic redevelopment. "Anchored by net leases stability, positioned to unlock long-term value through strategic redevelopment.” Expansive 72,000 SF Land with 434 ft Frontage. Property have established tenants with Net leases. In addition, has a great option to develop nine contiguous lots (598-614) into mixed-use strip mall concept blends high-visibility retail frontage with second-floor office suites tailored for medical, wellness, and professional tenants. The configuration is designed to maximize income potential, enhance long-term asset value, and serve the evolving needs of Jersey City's dynamic community. Positioned for growth, this site offers developers a compelling canvas to deliver both financial returns and lasting neighborhood impact.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07307
MLS #250025105
Space
Units4
Stories1
Constructionlevel land
Site & exposure
Parking spaces100
Investment
Annual taxes$69,996
Est. gross income$418,620
Est. operating expense$49,676
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 574-614 Tonnelle Ave?
The asking price is $16,000,000.
What is 574-614 Tonnelle Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 574-614 Tonnelle Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
