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    244 St Pauls Ave Jersey City, NJ 07306

    Sponsored
    For Lease
    Contact for pricing

    Prime Journal Square retail space, 1,500-2,300 sq ft.

    Lot size:
    3,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity in Jersey City's vibrant Journal Square offers two available spaces ranging from 1,500 to 2,300 square feet. Located on St. Pauls Avenue in Hudson County, this prime corner location benefits from unparalleled visibility and high traffic, with 38,000 cars passing daily. The property is anchored by 99 brand-new luxury rental apartments, ensuring a consistent flow of potential customers. The space itself boasts excellent frontage and high ceilings, creating an inviting atmosphere. This thriving area features a strong demographic profile, with over 122,000 residents and a median household income exceeding $96,000 within a two-mile radius. The convenient location, steps from the Journal Square PATH station, provides direct access to Manhattan, attracting both local residents and commuters. This is an ideal location for businesses seeking maximum exposure and foot traffic in a high-demand, rapidly growing neighborhood. The property is classified as retail, with a subtype of medical office, office, and medical, suitable for multiple tenants. The property is situated in a high-traffic area with excellent visibility, making it an attractive option for a variety of businesses. The zip code is 07306.

    Property Features for 244 St Pauls Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,800 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,500 SF
    Space
    Available Space 2
    Size
    2,300 SF

    HighLights

    • Prime Journal Square retail space, anchored by a new 99‑unit luxury apartment building.
    • High ceilings and excellent street frontage.
    • Corner location with exceptional visibility (38,000 cars daily).
    • Strong demographics: 122,000 residents within two miles, $96,000+ median household income.
    • Conveniently located near the Journal Square PATH station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Jersey City
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.062593386223
    Latitude
    40.737935232871

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    FAQs

    What type of property is this?
    Medical office - Prime Journal Square retail space, 1,500-2,300 sq ft.
    Where is this medical office located?
    The property is located at 244 St Pauls Ave Jersey City, NJ.
    What are key features of this property?
    This property features: Prime Journal Square retail space, anchored by a new 99-unit luxury apartment building.; High ceilings and excellent street frontage.; Corner location with exceptional visibility (38,000 cars daily).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    244 St Pauls Ave Jersey City, NJ 07306
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