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Old Colony Square Center

Off-Market

436 Grand Street, Jersey City, NJ 07302

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  • Property Type Retail - Freestanding
  • Property Size 99,973 SF
  • Lot Size 10.97 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1983

Location

  • City Jersey City, NJ
  • Neighborhood Van Vorst Park
  • Zip Code 07302
  • 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 16 Feb, 1994
  • 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

  • Property Tax in 2022 $521,399
  • Market Value* $32,506,200
  • Assessed Value $32,506,200

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 Old Colony Square Center?

Old Colony Square Center totals 99,973 square feet.

When was this property built?

Old Colony Square Center was built in 1983.

When was Old Colony Square Center last sold?

Old Colony Square Center was last sold on 16 Feb, 1994.

What is the property tax for Old Colony Square Center?

The property tax for Old Colony Square Center in 2022 was $521,399.

What is the market value for Old Colony Square Center?

The market value* for Old Colony Square Center in 2022 was $32,506,200.
*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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