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Corner Mixed-Use Brownstone
For Lease
$1,399,000

321 1/2 Pavonia Avenue, Jersey City, NJ 07302

A vacant two-bedroom residence is paired with an occupied restaurant space whose tenant pays utilities except gas.

Space SizeContact for details
Days on Market157

Property Features for 321 1/2 Pavonia Avenue

General Information

Standard status Active
Property subtype Retail

Taxes and HOA fees

Annual Taxes $13,410
Listing Agency: Coldwell Banker, Upper Montclair
Listed By: Corey Jones · License #1969704
Source: Tkregroupinc
Added: May 30 Changed: Nov 1 Last Checked: Nov 1 at 3:45PM

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

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Investment Insights

Based on property information with market context.

This corner brownstone at 321 1/2 Pavonia Avenue combines a two-bedroom, two-bath residence on the upper floors with commercial space below. The residence is vacant and includes an in-unit combination washer and dryer. The commercial space has been updated and is occupied by a restaurant tenant. The tenant pays utilities other than gas.

Hamilton Park is two blocks away, and the property is close to the Grove Street PATH station. The building brings residential and restaurant space together in a Jersey City location near both the park and transit.

Key Highlights

  • Corner brownstone with residential and commercial space
  • Upper‑floor residence has 2 bedrooms and 2 bathrooms
  • Vacant residential unit includes an in‑unit combination washer and dryer

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Home Appliance Store Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,396
Businesses Nearby
294k
Monthly Visits Nearby

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A vacant two-bedroom residence is paired with an occupied restaurant space whose tenant pays utilities except gas.
Where is this mixed-use property located?
The property is located at 321 1/2 Pavonia Avenue Jersey City, NJ.
What is the lease rate?
The lease rate is $1,399,000.
What are key features of this property?
This property features: Corner brownstone with residential and commercial space; Upper‑floor residence has 2 bedrooms and 2 bathrooms; Vacant residential unit includes an in‑unit combination washer and dryer
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