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Property profile & analytics

374 Communipaw Ave Jersey City, NJ 07304

  • Commercial real estate
  • 0.23 lot acres
Value Estimation
Last Sale
Feb 03, 2022
$16,000,000
Location Intelligence
Property ID
US59-0261461
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Bedford / Apartment Rental Agency / Apartment Complex

Property Details for 374 Communipaw Ave

Year built
2022
Construction
FRAME
Lot size
0.23 lot acres
Property type
Commercial real estate
APN
06 20003-0000-00017- 01
APU
62000300000001701

Description

This exceptional 2,383-square-foot retail space, located at 374 Communipaw Avenue in Jersey City, New Jersey, presents a unique investment opportunity. Built in 2022, this single-tenant property is part of a vibrant, mixed-use development. The building itself boasts five stories and a total of 33,040 square feet, offering significant potential for growth and expansion. Situated in the Bergen-Lafayette section of Jersey City, this street-level retail space benefits from high visibility and convenient access. The property is zoned Morris Canal, providing flexibility for a variety of retail uses. Its location within a thriving community, underscored by the presence of 40 residential rental units above, ensures a consistent flow of potential customers. The property's modern construction and prime location make it an ideal space for businesses seeking a strong foothold in a rapidly growing market. The address is 374 Communipaw Avenue, Jersey City, NJ 07304, within Hudson County. This is a single-tenant space offering a blank canvas for a discerning retailer. The property's convenient location and modern design make it an attractive option for a variety of businesses. The building's strategic placement within a mixed-use development ensures a steady stream of foot traffic and potential customers.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Jersey City
County
Hudson
State
New Jersey
Longitude
-74.0633
Latitude
40.7123
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$132,443
$2,061,100
$6,827,800
$8,888,900
-
$2,061,100
$6,827,800
$8,888,900
More about this property
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