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650 Grove Street

Off-Market

650 Grove Street, Jersey City, NJ 07310

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  • Property Type Office - General Office
  • Property Size 139,906 SF
  • Lot Size 0.77 Acre
  • Parking Spaces Avail. 325
  • Parking Ratio 2.33/ 1,000 SF

Location

  • City Jersey City, NJ
  • Neighborhood Van Leer
  • Zip Code 07310
  • 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 Price
  • Arm's Length True
  • Buyer Name

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

  • Property Tax in 2022 $60,977
  • Market Value* $3,801,600
  • Assessed Value $3,801,600

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 650 Grove Street?

650 Grove Street totals 139,906 square feet.

What is the property tax for 650 Grove Street?

The property tax for 650 Grove Street in 2022 was $60,977.

What is the market value for 650 Grove Street?

The market value* for 650 Grove Street in 2022 was $3,801,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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