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Executive Summary
LOCATION!!! LOCATION!!! LOCATION!!! Rare Commercial
Condo (With Parking at rear) and street-level retail space right on
Newark Avenue Downtown Jersey City - 271 Newark Avenue (by
Newark and Monmouth). This is a very rare gem to come by in
Downtown Jersey City market.
PERFECT FOR OWNER USE. This commercial condo opportunity
offers street-level retail, maximum visibility, and endless possibilities
on Newark Avenue in Downtown Jersey City. One gated parking spot
is located at the back of the property. Ideally located along DTJC’s
pulsing main artery, 271 Newark Avenue is 836square feet and perfect
for an owner-occupant or investor. The property is near the corner of
Monmouth Street and surrounded by new residential/retail
developments.
FLEXIBLE ZONING. ANY-USE IS PERMITTED. 271 Newark
Avenue was previously a doctor’s office and is currently used as a
professional space. Will be delivered vacant.
MAXIMUM VISIBILITY. The new owner also has the option to upgrade
the facade to an all-glass front for even more exposure along Jersey
City’s busiest corridor.
As central as it gets, 271 Newark Avenue is just a five-minute walk
from Grove Street PATH with easy access to buses and the New York
Waterway ferry, as well as 78 West, the NJ Turnpike, and Route 1&9
via car.
This is a rare commercial opportunity right in the heart of booming
DTJC.
Priced to sell.
Listing: 271 Newark Avenue, Jersey City
Asking: $975,000
Condo (With Parking at rear) and street-level retail space right on
Newark Avenue Downtown Jersey City - 271 Newark Avenue (by
Newark and Monmouth). This is a very rare gem to come by in
Downtown Jersey City market.
PERFECT FOR OWNER USE. This commercial condo opportunity
offers street-level retail, maximum visibility, and endless possibilities
on Newark Avenue in Downtown Jersey City. One gated parking spot
is located at the back of the property. Ideally located along DTJC’s
pulsing main artery, 271 Newark Avenue is 836square feet and perfect
for an owner-occupant or investor. The property is near the corner of
Monmouth Street and surrounded by new residential/retail
developments.
FLEXIBLE ZONING. ANY-USE IS PERMITTED. 271 Newark
Avenue was previously a doctor’s office and is currently used as a
professional space. Will be delivered vacant.
MAXIMUM VISIBILITY. The new owner also has the option to upgrade
the facade to an all-glass front for even more exposure along Jersey
City’s busiest corridor.
As central as it gets, 271 Newark Avenue is just a five-minute walk
from Grove Street PATH with easy access to buses and the New York
Waterway ferry, as well as 78 West, the NJ Turnpike, and Route 1&9
via car.
This is a rare commercial opportunity right in the heart of booming
DTJC.
Priced to sell.
Listing: 271 Newark Avenue, Jersey City
Asking: $975,000
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
836 SF
Building Class
C
Year Built
1890
Price
$1,356,508 CAD
Price Per SF
$1,622.62 CAD
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Zoning
commercial
Parking
1 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
23’ on Newark Ave
Amenities
- 24 Hour Access
- Metro/Subway
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
271 Newark Ave
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