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Retail Space Beneath Residential Development
For Lease
$2,812/Mo

873 COMMUNIPAW AVE JC, Jersey City, NJ 07304

Newly developed space serves an expanding residential community with access to transportation and Route 440.

Space SizeContact for details
Days on Market112

Property Features for 873 COMMUNIPAW AVE JC

General Information

Standard status Active
Property subtype Commercial
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: KHADIJAH KOUMBASSA
Source: Corcoran
Added: May 13 Changed: Aug 31 Last Checked: Aug 31 at 7:03PM

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.

This newly developed retail space is positioned at the base of Verde JC, a luxury residential community in Jersey City. The premises sit directly below a 155-unit residential development, creating a retail setting connected to an established residential component. The space can accommodate a range of commercial concepts, including cafés, coffee shops, boutique fitness, wellness services, creative office uses, beauty businesses, and specialty retail.

The property is located in Jersey City’s West Side neighborhood and benefits from connections to Route 440, major highways, public transportation, and Lincoln Park. The surrounding residential area is continuing to expand, adding context for businesses seeking space within a growing community.

Key Highlights

  • Retail space located below a 155‑unit luxury residential development
  • Newly developed commercial space within Verde JC
  • Jersey City West Side location near Lincoln Park

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Skin Care Clinic Real Estate Agency Acupuncture 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

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

Market

Lease Benchmarks for Jersey City, NJ

$48.29 /SF/Yr
Avg Asking Price
$35–$80 /SF/Yr
Price Range
10,403 SF
Avg Space Size

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 - Newly developed space serves an expanding residential community with access to transportation and Route 440.
Where is this retail space located?
The property is located at 873 COMMUNIPAW AVE JC Jersey City, NJ.
What is the lease rate?
The lease rate is $2,812/Mo.
What are key features of this property?
This property features: Retail space located below a 155‑unit luxury residential development; Newly developed commercial space within Verde JC; Jersey City West Side location near Lincoln Park
More about this property
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