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13758590
13758589

593 Ocean Ave, Jersey City, NJ 07305

CC
NJ 9807944
Cervelli Real Estate & Property Management
Cervelli Real Estate & Property Management
Listed by Cervelli Real Estate & Property Management
$899,000
957 days on market
Updated 2 days ago
Opportunity zone

593 Ocean Avenue

Details
Property Type Mixed Use
Sub Type Retail
Square Footage 2,973
Units 4
Cap Rate 6.87%
NOI $61,799
Occupancy 100%
Price per SqFt $302
Year Built 1920
Stories 2

Well Kept Mixed use Property with Garage parking and huge upside.

Marketing description

2-story mixed-use property with an additional building containing 4 garages and a storage unit. There are 2 commercial units located on the first floor with 2 residential units located on the 2nd floor. This is a brick property that is fully leased and has separate utilities.

Listing Contacts

CC
NJ 9807944
Cervelli Real Estate & Property Management
Cervelli Real Estate & Property Management
Listed by Cervelli Real Estate & Property Management

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$61,799.00
$5,149.92/mo

Valuation Metrics

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DSCR
6.87%
Cap Rate
6.87%
ROI

Map

Zoning

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RDP-14/RPAQPR SpecialRedevelopment Plan Ocean Bayview Residential Public And Quasi Public Retail
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View all 19 uses
View all 19 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Chris Cervelli
License
9807944
Brokerage
CERVELLI REAL ESTATE AND PROPERTY MANAGEMENT
Brokerage Phone
2018686300
Brokerage Address
1 Marine Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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