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Turnkey Restaurant Condominium
For Sale
$1,495,000

371 4TH ST JC, Jersey City, NJ 07302

Occupied restaurant condominium with a half bath and storefront presence, currently leased on a triple-net basis.

Property Size1,430 SF
Price / SF$1,045
Days on Market135

Property Features for 371 4TH ST JC

General Information

Standard status Active
Size 1,430 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $21,407

Building Details

Construction brick
Tenancy Single
Listing Agency: SERHANT NEW JERSEY LLC
Listed By: PATRICK SOUTHERN · License #0336749
Source: Corcoran
Added: Apr 24 Changed: Sep 4 Last Checked: Sep 5 at 9:50AM

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 SERHANT NEW JERSEY LLC

Investment Insights

Based on property information with market context.

This is a turnkey commercial condominium unit currently occupied by Prato Bakery on a triple-net basis. The approximately 1,430 SF space features an efficient, open layout with a welcoming storefront presence and includes a half bath, positioned for café, bakery, or other boutique food use within the building.

The unit is located in Downtown Jersey City at 371 4th Street near Newark Avenue, in a walkable mixed-use setting within the Village/Downtown area. The property is described as moments from Grove Street PATH, with surrounding retail, dining, and residential development activity.

Set within a charming brick mixed-use condominium building with two residential units above, the location provides an established neighborhood presence tied to ongoing street-level activity.

Key Highlights

  • Approximately 1,430 SF commercial condominium occupied by Prato Bakery
  • Currently leased on a triple‑net basis for $6,000
  • Includes a half bath and an open layout with storefront presence for café, bakery, or boutique food use

Property Analytics

Current Use

Prato Bakery Bakery

Suggested Use

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,580
Businesses Nearby
93k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 56% Dining 31% Shops & Services 14%
99 Ranch Market Groceries
41,102 visits/mo 0.4 miles
Dunkin' Donuts Dining
18,280 visits/mo 0.5 miles
Key Food Groceries
10,738 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
8,908 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
6,131 visits/mo 0.4 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
Rey
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Similar Off Market Nearby

  • Oren's Daily Roast 430 Communipaw Ave, Jersey City, NJ 07304
  • PrkUp Coffee 197 Van Vorst St, Jersey City, NJ 07302
  • Gotan Jersey City Corner of Van Vorst and Morris, 198 Van Vorst St, Jersey City, NJ 07302
  • Sweet Pan 18 Park, 18 Park View Ave, Jersey City, NJ 07302
  • Cocoa Bakery 275 Grand St, Jersey City, NJ 07302

Frequently Asked Questions

What type of property is this?
Coffee shop - Occupied restaurant condominium with a half bath and storefront presence, currently leased on a triple-net basis.
Where is this coffee shop located?
The property is located at 371 4TH ST JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 1,430 SF commercial condominium occupied by Prato Bakery; Currently leased on a triple‑net basis for $6,000; Includes a half bath and an open layout with storefront presence for café, bakery, or boutique food use
More about this property
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