Built-Out Cannabis Retail
For Sale
Contact for pricing
284 First Street, Jersey City, NJ 07302
Operating dispensary business with furniture, fixtures, equipment, and established operational infrastructure.
Property Size2,919 SF
Days on Market47
Property Features for 284 First Street
General Information
Standard status
Active
Size
2,919 SF
Property subtype
Retail, Business for Sale
Net Operating Income
$236,337
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
RIPCO Real Estate New York
Listed By:
Colby Piper · License #NJ 1433336
Source:
Crexi
Added: Jul 16
Changed: Aug 30
Last Checked: Aug 30 at 4:43AM
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 RIPCO Real Estate New York
Investment Insights
Based on property information with market context.
Cream Dispensary is an operating cannabis retail business occupying a 2,919-square-foot ground-level space at 284 First Street in Jersey City. The property was built in 2024, and the sale includes the existing business, furniture, fixtures, equipment, and operational infrastructure.
The location is in Downtown Jersey City along First Street, surrounded by luxury residential developments and office buildings. The lease has approximately seven years remaining, with one additional five-year renewal option. Any transaction requires approval from the New Jersey Cannabis Regulatory Commission, municipal approval from the City of Jersey City, landlord consent where applicable, and customary closing conditions. The offering is for the business only.
The location is in Downtown Jersey City along First Street, surrounded by luxury residential developments and office buildings. The lease has approximately seven years remaining, with one additional five-year renewal option. Any transaction requires approval from the New Jersey Cannabis Regulatory Commission, municipal approval from the City of Jersey City, landlord consent where applicable, and customary closing conditions. The offering is for the business only.
Key Highlights
- Operating cannabis dispensary business at 284 First Street, Jersey City, NJ 07302
- 2,919 SF ground retail space
- Built in 2024
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,197
Businesses Nearby
272k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Superstores 28%
Dining 16%
Shops & Services 10%
BJ's Wholesale Club
Superstores
76,178 visits/mo
0.5 miles
ShopRite
Groceries
66,970 visits/mo
0.4 miles
99 Ranch Market
Groceries
41,102 visits/mo
0.3 miles
Dunkin' Donuts
Dining
18,280 visits/mo
0.4 miles
Sunoco
Shops & Services
13,221 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Operating dispensary business with furniture, fixtures, equipment, and established operational infrastructure.
Where is this cannabis property located?
The property is located at 284 First Street Jersey City, NJ.
What are key features of this property?
This property features: Operating cannabis dispensary business at 284 First Street, Jersey City, NJ 07302; 2,919 SF ground retail space; Built in 2024
