Corner Brownstone Mixed-Use
New
For Sale
$1,399,000
321 1/2 Pavonia Ave, Jersey City, NJ 07302
Two-bedroom residence above an updated restaurant space with an established tenant in place.
Property SizeContact for details
Days on Market6
Property Features for 321 1/2 Pavonia Ave
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Coldwell Banker, Upper Montclair
(201) 857-8777
Listed By:
Corey Jones ()
Source:
Fortuneluxuryrealty
Added: Aug 26
Changed: Aug 30
Last Checked: Aug 30 at 5:28PM
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 Coldwell Banker, Upper Montclair
Investment Insights
Based on property information with market context.
This corner brownstone combines an upper-level two-bedroom, two-bath residence with a commercial restaurant space below. The home occupies the upper floors and includes an in-unit combination washer/dryer. The commercial portion has been recently updated and is occupied by an established restaurant tenant. The tenant pays all utilities other than gas, creating a defined operating arrangement for the property owner.
Located at 321 1/2 Pavonia Ave in Jersey City, the property is two blocks from Hamilton Park and close to the Grove Street PATH. Its position within a walkable dining corridor adds to the surrounding neighborhood context. The residential unit is vacant, while the commercial space remains occupied, giving the property both residential flexibility and an operating commercial component.
Located at 321 1/2 Pavonia Ave in Jersey City, the property is two blocks from Hamilton Park and close to the Grove Street PATH. Its position within a walkable dining corridor adds to the surrounding neighborhood context. The residential unit is vacant, while the commercial space remains occupied, giving the property both residential flexibility and an operating commercial component.
Key Highlights
- Corner brownstone with a two‑bedroom, two‑bath residence
- Recently updated commercial restaurant space with an established, fully occupied tenant
- Tenant covers all utilities except gas
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,396
Businesses Nearby
294k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 34%
Home Improvements & Furnishings 24%
Groceries 4%
The Home Depot
Home Improvements & Furnishings
69,870 visits/mo
0.4 miles
McDonald's
Dining
41,898 visits/mo
0.3 miles
Lukoil
Shops & Services
40,873 visits/mo
0.3 miles
Burger King
Dining
19,350 visits/mo
0.4 miles
Shell
Shops & Services
17,939 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-bedroom residence above an updated restaurant space with an established tenant in place.
Where is this mixed-use property located?
The property is located at 321 1/2 Pavonia Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Corner brownstone with a two‑bedroom, two‑bath residence; Recently updated commercial restaurant space with an established, fully occupied tenant; Tenant covers all utilities except gas
