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Open-Layout Retail Space
New
For Sale
$48,000

491 Communipaw Ave, Jersey City, NJ 07304

A ground-level shop offers an adaptable interior for retail operations.

Property Size1,000 SF
Price / SF$48
Days on Market3

Property Features for 491 Communipaw Ave

General Information

Standard status Active
Size 1,000 SF
Property subtype Commercial
Listing Agency: Re/Max Premier
Listed By: The Campusano Group
Source: Thecampusanogroup
Added: Oct 7 Last Checked: Oct 7 at 2:45PM

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 Re/Max Premier

Investment Insights

Based on property information with market context.

This retail space occupies the ground floor and has an open interior configuration. The area is approximately 1,000 square feet gross; the measurement is indicative, and the internal area should be verified. The premises are offered in as-is condition, with signage already installed.

The property is at 491 Communipaw Ave in Jersey City, at the intersection of Grand St and Prescott St.

Key Highlights

  • Approximately 1,000 sq ft gross on the ground floor; area is indicative and should be verified
  • Existing signage is in place
  • At Grand St and Prescott St in Jersey City

Property Analytics

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Current Use

Junction Multi Services Financial Advisor MoneyGram Bank Western Union Bank

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture Tattoo & Piercing Shop Pet Store & Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,114
Businesses Nearby
35k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Retail space - A ground-level shop offers an adaptable interior for retail operations.
Where is this retail space located?
The property is located at 491 Communipaw Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $48,000.
What are key features of this property?
This property features: Approximately 1,000 sq ft gross on the ground floor; area is indicative and should be verified; Existing signage is in place; At Grand St and Prescott St in Jersey City
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