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Retail Space Below Residential Development
New
For Lease
$4,278/Mo

857 COMMUNIPAW AVE JC, Jersey City, NJ 07304

Newly developed setting with access to Route 440, major highways, public transportation, and Lincoln Park.

Space SizeContact for details
Property Size1,467 SF
Days on Market7

Property Features for 857 COMMUNIPAW AVE JC

General Information

Standard status Active
Size 1,467 SF
Property subtype Retail

Building Details

Building Size 1,467 SF
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: JASON TONGE
Source: Propertiesbysouthern
Added: Sep 5 Changed: Sep 10 Last Checked: Sep 10 at 8:29AM

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 COMPASS NEW JERSEY, LLC

Investment Insights

Based on property information with market context.

Retail space at Verde JC is positioned beneath a newly developed 155-unit residential community in Jersey City’s West Side neighborhood. The property offers a commercial setting connected to an expanding residential area, with potential applications that include café and coffee concepts, boutique fitness, wellness, beauty services, creative office use, and specialty retail.

Access to Route 440, major highways, public transportation, and Lincoln Park supports connections to surrounding neighborhoods and regional destinations. The immediate residential component provides a built-in customer base within the development, while the broader West Side area continues to add housing.

Key Highlights

  • Located beneath a 155‑unit residential development
  • Newly developed commercial space at Verde JC
  • Access to Route 440 and major highways

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Real Estate Agency Carpet & Flooring Store 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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,871
Businesses Nearby
246k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 39% Groceries 5% Electronics 2%
McDonald's Dining
35,214 visits/mo 0.1 miles
BP Shops & Services
28,594 visits/mo 0.1 miles
Jollibee Dining
25,096 visits/mo 0.5 miles
Starbucks Dining
15,079 visits/mo 0.5 miles
IHOP Dining
15,001 visits/mo 0.4 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
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Market

Lease Benchmarks for Jersey City, NJ

$42.13 /SF/Yr
Avg Asking Price
$24–$80 /SF/Yr
Price Range
10,993 SF
Avg Space Size

This space is priced 17% below the average of $42.13 /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 - Newly developed setting with access to Route 440, major highways, public transportation, and Lincoln Park.
Where is this retail space located?
The property is located at 857 COMMUNIPAW AVE JC Jersey City, NJ.
What is the lease rate?
The lease rate is $4,278/Mo.
What are key features of this property?
This property features: Located beneath a 155‑unit residential development; Newly developed commercial space at Verde JC; Access to Route 440 and major highways
More about this property
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