201 Marin Blvd - Apartments CONDO FOR SALE


Jersey City, NJ 07302- Historic Downtown Jersey City
$5,500,000 USD
646-827-9968
201 Marin Blvd, Jersey City, NJ for Sale
$5,500,000 USD
Apartments CONDO - FOR SALE
1/11
null | 7.5% Cap Rate

201 Marin Blvd
Jersey City, NJ 07302
Historic Downtown Jersey City


HIGHLIGHTS

  • Fully leased retail condominium with in-place income.
  • Located in Jersey City's established Paulus Hook district.
  • Corner positioning along Marin Boulevard and Morris Street.
  • Surrounded by dense residential and commercial development.
  • Convenient access to PATH, ferry service, and light rail transit.
  • Positioned near Downtown Jersey City and Manhattan commuter routes.

OVERVIEW

Located at the southwest corner of Marin Boulevard and Morris Street, the property benefits from visibility along a key corridor connecting the Paulus Hook waterfront, Exchange Place, Liberty Harbor, and Downtown Jersey City. The surrounding area is supported by multiple transit options, including nearby PATH service, Hudson-Bergen Light Rail stations, ferry terminals, and direct access to the New Jersey Turnpike Extension. This connectivity enhances accessibility for both local residents and commuters traveling between Jersey City and Manhattan. The neighborhood continues to attract residents, businesses, and visitors due to its proximity to major employment centers, waterfront recreation, retail destinations, and transportation infrastructure. Demographic data within a one-mile radius reflects a substantial residential population, significant daytime population, and high household income levels, supporting long-term retail demand. The combination of stabilized occupancy, urban infill location, established tenant presence, and strong regional accessibility positions the property as an investment opportunity within one of Northern New Jersey's most active mixed-use markets.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$644 USD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

98%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gull's Cove

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

321,000 SF

STORIES

16

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,518 SF

ZONING

commercial

APN/PARCEL ID

06-15906-0000-00008-0000-C0507,06-15906-0000-00008-0000-P0162

ASK ABOUT THIS PROPERTY

Alex SvetlakouRipco Real EstateMore Info
646-827-9968

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Alex SvetlakouRipco Real EstateMore Info
646-827-9968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.