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$2,599,000
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Property Description
Well situated for success! As the new Hudson County courthouse is slowly re-positioning the area for higher foot traffic, this could bring in the income you have been searching for. Currently with 2 residential apartments with a long-term cannabis tenant, the cap rates could add to a performing portfolio. Also suited for vertical development due to Jersey City's friendly zoning ambitions. Possible combination of sales with adjacent lots.
Full Property Details
Full Property Details for 535 Newark Ave
General
- Price: $2,599,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250019119
- Updated: 9/16/2025
- Added to Site: 131 day(s) ago
Location
- County: Hudson
- Location Details: Baldwin Ave and Palisade Ave
Structural Information
- Construction: Wood frame
- Stories in Building: 3
- # of Stores: 3
Lot Features
- Lot Size: 25/98
- Lot Dimensions: 25/98
- Lot Description: 14
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Session Real Estate Llc (201) 602-0435
Get Pre-Approved Today
Schools
Schools serving 535 Newark Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King, Jr No. 11 Elementary School 886 Bergen Avenue, Jersey City, NJ 07306 | PK-8 | 0.5 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.1 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.7 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 1.2 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 535 Newark Ave
Date
Details
Price
Change
Source
9/09/2025
Listed
$2,599,000
313.85%
MLS
7/03/2006
Sold
$628,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 535 Newark Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,403
-1%
$645,000
—
2023
$14,493
6%
$645,000
—
2022
$13,661
93%
$645,000
—
2021
$7,071
—
$645,000
-19%
2021
$7,071
10%
$797,100
—
2021
$6,414
-48%
$797,100
—
2019
$12,275
522%
$797,100
501%
2018
$1,975
-81%
$132,700
—
2017
$10,351
1%
$132,700
—
2016
$10,219
3%
$132,700
—
2015
$9,929
—
$132,700
—
2013
$9,907
—
$132,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 535 Newark Ave
535 Newark Ave, Jersey City, NJ 07306 (MLS# 250019119) is a Commercial property. 535 Newark Ave is currently listed for $2,599,000 and was received on September 09, 2025. Want to learn more about 535 Newark Ave? Do you have questions about finding other Commercial real estate for sale in Journal Square? You can browse all Journal Square real estate or contact a Coldwell Banker agent to request more information.

