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Ground-Floor Retail Space
New
For Lease
$4,000/Mo

491 COMMUNIPAW AVE JC, Jersey City, NJ 07304

Tenant-funded improvements are required, with the premises offered in their current condition.

Space Size1,000 SF
Days on Market4

Property Features for 491 COMMUNIPAW AVE JC

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
Listing Agency: KELLER WILLIAMS ELITE
Listed By: KIRAN MALI · License #408602
Source: Corcoran
Added: Oct 7 Last Checked: Oct 9 at 7:39PM

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

Investment Insights

Based on property information with market context.

This ground-level retail space at 491 Communipaw Ave in Jersey City comprises approximately 1,000 square feet of gross area. The interior is open retail space, and signage is already in place. The premises are offered as-is, with fit-out expenses assigned to the tenant.

The property is at Grand Street and Prescott Street in the Bergen-Lafayette area. Showings are by appointment. Prospective tenants should confirm permitted uses with the Township office before applying.

Key Highlights

  • Approximately 1,000 square feet of gross ground‑floor area
  • Open retail interior
  • Existing signage in place

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.

Lease Details

NNN (Triple Net)
Lease Type
$7.20 /SF/Yr
CAM

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

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

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

What type of property is this?
Retail space - Tenant-funded improvements are required, with the premises offered in their current condition.
Where is this retail space located?
The property is located at 491 COMMUNIPAW AVE JC 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 square feet of gross ground‑floor area; Open retail interior; Existing signage in place
More about this property
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