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Corner Retail Space

5 Monitor Street Commercial, Jersey City, NJ 07304

For Lease
$8,800/Mo

At Communipaw Avenue and Monitor Street, the space is two blocks from light rail service.

Space SizeContact for details
Days on Market14

Property Features for 5 Monitor Street Commercial

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Lease Terms

Lease Rate $8,800 /MO
Monthly Rent $8,800

Site & Location

Neighborhood Bergen-Lafayette
Corner Location Yes

Additional Details

Space Use Retail
Listing Agency: Serhant New Jersey LLC
Listed By: Barbara Rodriguez
Source: Serhant
Added: Oct 28 Changed: Oct 31 Last Checked: Nov 8 at 11:32AM

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

Rey
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Investment Insights

Based on property information with market context.

This retail space occupies a corner at Communipaw Avenue and Monitor Street in Jersey City. Its stated use possibilities include retail, café, and boutique concepts.

Light rail service is two blocks away. The surrounding area includes residential developments, eateries, and shops.

Key Highlights

  • Corner location at Communipaw Avenue and Monitor Street
  • Two blocks from light rail service
  • Surrounded by residential developments, eateries, and shops

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Veterinary Clinic Tattoo & Piercing Shop

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

1,522
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Tsigonia Paint & Hardware Home Improvements & Furnishings
1,882 visits/mo 0.5 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

$35.14 /SF/Yr
Avg Asking Price
$15–$81.28 /SF/Yr
Price Range
9,675 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Jersey City, NJ

$47.51 Jul
$48.29 Aug
$40.53 Sep
$37.36 Oct

Properties on Market for Retail space in Jersey City

Jul
Aug
Sep
Oct

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?
Retail space - At Communipaw Avenue and Monitor Street, the space is two blocks from light rail service.
Where is this retail space located?
The property is located at 5 Monitor Street Commercial Jersey City, NJ.
What is the lease rate?
The lease rate is $8,800/Mo.
What are key features of this property?
This property features: Corner location at Communipaw Avenue and Monitor Street; Two blocks from light rail service; Surrounded by residential developments, eateries, and shops
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