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1063 West Side Ave #0, Jersey City, NJ, 07306

--beds
0baths
0sqft
$1,899,000
--price/sqft
$12,946/moest. monthly cost
$517,840/yrincome needed

About This Home

Exceptional opportunity to own a 6-unit mixed-use property in the heart of Journal Square, one of the most dynamic and rapidly transforming neighborhoods in Jersey City. Ideally positioned near the highly anticipated Journal Square Redevelopment Zone, this property offers strong income potential and long-term appreciation upside.The building features: 4 Residential Units, which are well-proportioned layouts with strong rental demand in a commuter-friendly location. 2 Commercial Units " Street-level storefronts offering excellent visibility and steady foot traffic. Located just moments from the Journal Square Transportation Center, tenants enjoy direct PATH access to Manhattan, Newark, and Hoboken, making this a highly desirable address for both residential and commercial occupants. Surrounded by ongoing high-rise development, new retail, dining, and infrastructure improvements, this property sits at the center of Journal Square's continued revitalization. Ideal for investors seeking stable cash flow with value-add potential in one of Northern New Jersey's fastest-growing submarkets.

Getting Around

97
WalkingWalker's Paradise
78
TransitExcellent Transit
59
BikeBikeable

Schools

5/10
Mahatma K. Gandhi SchoolGrades PK-80.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt Shingle
  • Construction materials: See Remarks,Wood Siding

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Unfinished

Features

  • Door features: Max Door Height: 0

Heating & Cooling

  • Heating features: 2 Units,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 0

Property

Details

  • Attached to another structure: Yes
  • Zoning description: Commercial
  • Other equipment: See Remarks

Features

  • Stories: 3

Lot

  • Lot size: 1,407 sqft
  • Features: Corner Lot,Corner
  • Lot size dimensions: 25.56 x 55.07

Parking

  • Parking features: On-Street Parking
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,602$115,224
Home Insurance *$683$8,196
Property Taxes $2,468$29,616
Electricity $193$2,318
Total$12,946$155,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$443,862/yr
40% on housing$388,380/yr
45% on housing$345,226/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07306$401
Hudson County$472

vs Homes Sold Last Month

Median $/sqft

ZIP 07306$505
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-03Listed for sale$1,899,000

For Sale by Agent

AgentIsrael Hernandez
BrokerageTnt Realty Nj

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