388 Communipaw Ave, Unit 8001 Jersey City, NJ 07304-3646
Property profile & analytics
388 Communipaw Ave, Unit 8001 Jersey City, NJ 07304-3646
- Office properties & Spaces
- 1,210 SF
- 0.06 lot acres
Property ID
US59-2711822
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.
Location Intelligence
Current Use by Public Records
- 388 Communipaw Avenue / Vacation Rental
- Simple mobile / Mobile Phone Store / Electronics & Wireless Store
Property Details for 388 Communipaw Ave
- Year built
- 2000
- Lot size
- 0.06 lot acres
- Property size
- 1,210 SF
- Property type
- Office properties & Spaces
- APN
- 06 20002-0000-00012-0000-C8001
- APU
- 06200020000000120000C8001
Description
This exceptional Jersey City property offers a unique opportunity for a restaurant, café, or other hospitality business. Located at 388 Communipaw Avenue, this single-tenant space boasts 1,200 square feet on the main level, complemented by a spacious 2,000-square-foot basement and a private 150-square-foot courtyard. The flexible layout allows for customization to suit various concepts. Situated between Downtown Jersey City and the Canal Crossing Redevelopment Plan, this corner unit benefits from high visibility and significant foot traffic. The Canal Crossing project, slated for completion by 2030, will add over 8,000 residential units and substantial commercial space, dramatically increasing the area's population and consumer base. This surge in residential development, including numerous luxury projects, creates a strong demand for new dining and social experiences. The property's strategic location at the nexus of two major growth zones ensures strong potential for future appreciation and a thriving business environment. The 07304 zip code offers easy access to various transportation options and amenities. This is an unparalleled chance to establish a presence in a rapidly evolving and highly desirable area of Jersey City. The property is ideal for entrepreneurs seeking to capitalize on the significant growth and development within the community.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $730,000
- ML approach
- $785,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $427,000
Market price range: $291k - $1.10M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0638
- Latitude
- 40.7128
- 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
$5,617
$111,300
$153,900
$265,200
-
$111,300
$153,900
$265,200
