Industrial Properties in Jersey City for sale offer a unique investment opportunity in a city that boasts a rich history, diverse neighborhoods, and a strong economy. With its proximity to Manhattan and extensive transportation infrastructure, Jersey City has become a vital transportation terminus and a significant center for banking and finance. Industrial Properties in Jersey City can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. These properties often feature amenities such as loading docks, cranes, and high ceilings, making them ideal for businesses that require specialized facilities. Jersey City's location, with its access to major highways, airports, and seaports, makes it an attractive location for companies that need to transport goods and materials. The city's education system, with institutions like New Jersey City University and Saint Peter's University, also provides a skilled workforce for businesses. Additionally, Jersey City's many attractions, such as Liberty State Park and the Liberty Science Center, make it a great place for business and travel.
With 4 Industrial Properties for sale in Jersey City, investors have a range of options to choose from. These properties offer an average price per square foot of $864 USD and an average size of 13,568 square feet. The largest Industrial Property available is 30,000 square feet. In addition to Industrial Properties, Jersey City also offers other property types, such as Warehouses, which are ideal for businesses that require storage and distribution facilities. Land is also available for development, providing opportunities for companies to build custom facilities. Apartment Buildings and Commercial Real Estate round out the range of options, offering investors a diverse portfolio of properties to choose from. With its strong economy, diverse neighborhoods, and many attractions, Jersey City is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Jersey City?
The average price per square foot for industrial properties in Jersey City is $864 USD per square foot, with an average size of 13,568 square feet and a largest size of 30,000 square feet, among the 4 available listings.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Jersey City, as proximity to major transportation hubs, highways, and ports can increase the desirability and functionality of industrial properties, ultimately driving up their value.
- Industrial properties located near the Port Jersey intermodal freight transport facility, the Holland Tunnel, and major highways such as Interstate 78 and U.S. Route 1/9 tend to have higher values due to their ease of access to regional and national markets.
- Properties situated near transportation hubs like the Journal Square Transportation Center, Exchange Place, and Hoboken Terminal, which offer bus and train services to Manhattan and other parts of the region, are also highly valued for their convenience and connectivity.
- In addition, industrial properties with waterfront access or proximity to the Hudson River and New York Bay can command higher prices due to their potential for shipping and receiving goods by water, further increasing their value.
