508 5th Street, Hoboken, NJ 07030
New Development - Retail Condo For Sale
Marketing description
Broker Note: With a Fall 2026 delivery date, this asset is an ideal target for a forward-planned 1031 exchange or a local business owner looking to transition from leasing to owning by the end of the year. Secure this brand-new space now before construction wraps up.
Investment highlights
Brand New Construction / Imminent Delivery: An exceptional opportunity to acquire a pristine, zero-deferred-maintenance retail condo with completion and delivery expected in Fall 2026.
Customizable "Blank Canvas" Space: Buying early in the development cycle allows an investor or owner-user to collaborate on finishing specifications, ensuring the layout perfectly matches their commercial requirements prior to handover.
Highly Desirable Boutique Footprint: Sized at 700 SF, this efficient ground-floor condo avoids excessive overhead while offering a premium street-level presence—ideal for service-retail, medical practitioners, professional offices, or high-end boutiques.
Prime Transit-Oriented Hoboken Location: Situated at 508 5th Street (between Jefferson & Madison Streets), the property boasts a Walk Score of 97/100 ("Walker’s Paradise") and seamless transit access to Manhattan via the nearby PATH, NJ Transit, and Hudson River ferries.
Built-In, Affluent Customer Base: Nestled within one of New Jersey's most densely populated and high-income residential submarkets, ensuring robust local foot traffic and strong neighborhood demographics from day one.
Predictable Commercial Condo Ownership: Eliminate the unpredictability of rising rents. Own a piece of Hoboken's premium real estate grid while enjoying the equity-building advantages of commercial property ownership.
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