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Retail Condominium with Deeded Parking
For Sale
$980,000

271 NEWARK AVE JC, Jersey City, NJ 07302

Blank-slate retail condominium with open layout, restroom, kitchenette, and deeded gated parking.

Property Size825 SF
Price / SF$1,187
Days on Market63

Property Features for 271 NEWARK AVE JC

General Information

Standard status Active
Size 825 SF
Total Parking Spaces 1
Property subtype Commercial

Additional Details

Highway Access Yes
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: MARCUS PINTO
Source: Corcoran
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 5 at 5:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS NEW JERSEY, LLC

Investment Insights

Based on property information with market context.

271 Newark Avenue presents a for-sale commercial condominium offering a flexible, wide-open interior designed for a variety of neighborhood retail and professional uses. Unit 1 is described as having over 825 square feet, with an available restroom and kitchenette to support day-to-day operations. The property also includes a basement crawlspace that may provide options for storage and access related to utility reconfiguration based on a tenant’s needs. The building’s facade is described as adaptable, with potential for customized storefront windows and visual merchandising opportunities.

The unit is positioned directly on the Newark Avenue corridor in Downtown Jersey City. The public remarks highlight convenient regional access and transit orientation, including a short walk to the Grove Street PATH Station and service by local bus routes. The frontage is intended to support visibility to both pedestrians and street traffic.

This space is best suited for an owner-operator or investor looking for an adaptable storefront or office/clinic-type environment with a blank-slate buildout approach. With a dedicated, gated, and deeded parking space included, the property also offers a practical convenience that can help support staff, customers, or delivery needs. The overall configuration—open interior, on-site restroom and kitchenette, and accessible storage options—supports a range of layouts and branding strategies within the existing footprint.

Key Highlights

  • Unit 1 is a commercial condominium with 825+ SF and a blank‑slate, wide‑open interior layout.
  • Includes a restroom and kitchenette in the unit for flexible retail, office, or service use.
  • Basement crawlspace provides additional storage and options to reconfigure utilities for the business.

Property Analytics

Current Use

Jersey GYN Medical Clinic Serendipity Crystals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Home Appliance Store Tanning Salon Nursing Home Adult Day Care Fish Market Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,186
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07302, NJ

57,033
Population
30,163
Households
1.9
Avg Household Size
34
Median Age
80%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
40,738
Density / Sq Mi
$166,854
Median Household Income
$117,189
Median Earnings
$2,960
Median Rent
$853,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Similar Off Market Nearby

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  • Bouquets and Baskets 548 Jersey Ave, Jersey City, NJ 07302
  • Exchange Place Florist 33 Hudson St, Jersey City, NJ 07302
  • Casa Mona 277 newark ave, jersey city, nj 07302

Frequently Asked Questions

What type of property is this?
Storefront property - Blank-slate retail condominium with open layout, restroom, kitchenette, and deeded gated parking.
Where is this storefront property located?
The property is located at 271 NEWARK AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Unit 1 is a commercial condominium with 825+ SF and a blank‑slate, wide‑open interior layout.; Includes a restroom and kitchenette in the unit for flexible retail, office, or service use.; Basement crawlspace provides additional storage and options to reconfigure utilities for the business.
More about this property
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