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Executive Summary

Presenting an exciting mixed-use property with endless potential in the heart of Jersey City! This 3-story building is zoned for a street-level commercial unit and two residential units on the second and third floors. Whether you're an investor, entrepreneur, or someone with a vision, this property offers tremendous upside potential to renovate and customize to your specific needs.
The ground floor is perfectly suited for a commercial space—ideal for a retail shop, café, office, or any business that would benefit from high visibility and foot traffic. The upper floors are ready to be transformed into two residential units, making it a fantastic opportunity to live above your business while earning additional income from the second unit. The current layout is set up for a non-conforming use, but with some updates, you can bring this property in line with your desired vision.
Key Features:
Zoned for street-level commercial and two residential units
Great opportunity for owner-occupants or investors
Excellent location in a growing, vibrant neighborhood
Perfect for someone with ideas and creativity—design and renovate to suit your needs
Currently configured as non-conforming use, to be sold "As Is"
Significant upside potential to increase value through improvements
This property is a true gem for anyone seeking a versatile space in one of the most dynamic areas of Jersey City. Don’t miss out on this rare opportunity to build something special!

Property Facts

Price $746,764 CAD
Price Per SF $114.89 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Specialty
Building Class C
Lot Size 0.05 AC
Building Size 6,500 SF
No. Stories 3
Year Built 1925
Zoning NC-1 - Neighborhood Commercial
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
06-18702-0000-00010
Land Assessment
$117,347 CAD
Improvements Assessment
$636,518 CAD
Total Assessment
$753,865 CAD
  • Listing ID: 36270010

  • Date on Market: 2025-06-16

  • Last Updated:

  • Address: 529 Communipaw Ave, Jersey City, NJ 07304

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