Street-Level Retail
New
For Lease
$4,000/Mo NNN
491 Communipaw Ave, Jersey City, NJ 07304
An open retail interior includes existing signage and is offered in as-is condition.
Space Size1,000 SF
Days on Market4
Property Features for 491 Communipaw Ave
General Information
Standard status
Active
Size
1,000 SF
Net Rentable
1,000 SF
Property subtype
Commercial
Lease Type
NNN
Space & Availability
Available Space
1,000 SF
Contiguous Space
1,000 SF
Floor
Ground
Space Use
Retail
Lease Terms
Lease Rate
$4,000 /USD/MO
Monthly Rent
$4,000
Rent per SF/Year
$48
Taxes and HOA fees
Annual Taxes
$12,597
Amenities
On-Street Parking
Building Details
Year Built
1880
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
Listed By:
KIRAN MALI · License #408602
(463) 250-3928
Source:
Corcoran
Added: Oct 7
Last Checked: Oct 9 at 8:19PM
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 KELLER WILLIAMS ELITE REALTORS
Investment Insights
Based on property information with market context.
This ground-floor retail space at 491 Communipaw Ave offers approximately 1,000 square feet of gross area in an open configuration. Existing signage is in place, and the premises will be delivered as-is. Tenant-funded fit-out work is required.
The storefront is at Grand St and Prescott St in Jersey City. The lease is structured on an NNN basis. Prospective tenants should confirm permitted uses with the appropriate municipal office before applying.
The storefront is at Grand St and Prescott St in Jersey City. The lease is structured on an NNN basis. Prospective tenants should confirm permitted uses with the appropriate municipal office before applying.
Key Highlights
- Approximately 1,000 sq ft gross ground‑floor area
- Located at 491 Communipaw Ave, Jersey City, at Grand St and Prescott St
- Open retail layout with signage in place
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,114
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 36%
Electronics 7%
Home Improvements & Furnishings 5%
KFC
Dining
10,850 visits/mo
0.3 miles
AutoZone
Shops & Services
9,967 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,896 visits/mo
0.5 miles
Tsigonia Paint & Hardware
Home Improvements & Furnishings
1,882 visits/mo
0.1 miles
Papa John's Pizza
Dining
1,778 visits/mo
0.1 miles
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Jersey City, NJ
$40.53 /SF/Yr
Avg Asking Price
$24–$99 /SF/Yr
Price Range
10,154 SF
Avg Space Size
This space is priced 18% above the average of $40.53 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - An open retail interior includes existing signage and is offered in as-is condition.
Where is this retail space located?
The property is located at 491 Communipaw Ave Jersey City, NJ.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 1,000 sq ft gross ground‑floor area; Located at 491 Communipaw Ave, Jersey City, at Grand St and Prescott St; Open retail layout with signage in place
