Retail

166 Christopher Columbus Dr

jersey city, nj, 07302, jersey city, NJ 07302

Price

Price on request

Description

Now Available for Lease, Retail, located at 166 Christopher Columbus Dr. Available square footage 4,500 SF.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

jersey city, nj, 07302, jersey city, NJ 07302

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the New Jersey retail market showed average asking rents near $54.00/SF/yr, and cap rates around 8.0%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$54.00/SF/yr

Estimated sale value

$404–$509/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 8.0%, asking rent held flat).

View the full New Jersey Retail market report →

Compare it against other retail listings for sale in Jersey City, NJ to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in New Jersey?: About 8.0% as of Q1 2026, per multiple brokerages.

Unified Estimate

Medium Confidence

$45.90/SF-$62.10/SF

Mid: $54.00/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallbackFIPS 34017

Low Confidence

Avg Rent ($/SF/yr) (market data)

Market asking rent (quarterly avg)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.