• 574 Summit Avenue
  • 574 Summit Avenue
  • +1 image 574 Summit Avenue
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574 Summit Avenue

Off-Market

574 Summit Avenue, Jersey City, NJ 07306

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Medical Office
  • Property Size 40,025 SF
  • Lot Size 0.41 Acre
  • Parking Spaces Avail. 24
  • Parking Ratio 0.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

Location

  • City Jersey City, NJ
  • Neighborhood Bergen Square
  • Zip Code 07306
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 26 Jul, 1999
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Jersey City

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Jersey City Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $53.56
  • 2020 Office Vacancy Rate 21.95%
  • 2020 Office Completions (SF)
View more Jersey City market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 574 Summit Avenue?

574 Summit Avenue totals 40,025 square feet.

When was this property built?

574 Summit Avenue was built in 1985.

When was 574 Summit Avenue last sold?

574 Summit Avenue was last sold on 26 Jul, 1999.

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