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Investment Highlights

  • Highly visible commercial condo in Downtown Jersey City
  • Private Deeded Parking
  • Great Proximity to PATH Station
  • In the heart of Jersey City's Downtown vibrant Small Business District

Executive Summary

Positioned in the heart of Downtown Jersey City’s most vibrant and rapidly expanding commercial corridor, 271 Newark Avenue presents a rare, highly adaptable opportunity for business owners, investors, and entrepreneurs. Unit 1 is a commercial condominium of over 800 square feet that offers a perfect blank slate in one of New Jersey’s most dynamic and sought-after neighborhoods. As Downtown Jersey City continues its extraordinary growth trajectory, securing a footprint on Newark Avenue places your brand directly at the center of the action. Whether you are envisioning a flagship retail storefront, a bustling neighborhood cafe, a salon, a modern medical practice, or an innovative corporate office space, this property provides the ideal foundation to bring your specific vision to life. The sheer energy of the surrounding neighborhood is one of the property's greatest assets. Located directly on the thriving Newark Avenue corridor, the storefront benefits from continuous, heavy foot traffic day and night. Your business will thrive just steps away from Jersey City’s famed pedestrian plaza, a bustling hub that draws both locals and visitors alike. The area is surrounded by an established, ever-expanding ecosystem of dense luxury residential developments, ensuring a built-in customer base right at your doorstep. By joining this vibrant community, you will be situated alongside a curated mix of thriving local shops, top-tier restaurants, artisanal cafes, and vibrant nightlife destinations. Beyond the immediate neighborhood appeal, 271 Newark Avenue boasts unparalleled transit orientation and regional accessibility. For your customers, clients, and employees, the commute is exceptionally convenient. The property is situated just a short, scenic walk from the Grove Street PATH Station, and is heavily serviced by local bus routes and offers incredibly easy access to major highways, cementing its status as a highly accessible destination for both vehicle and pedestrian traffic. With a highly versatile, wide-open interior layout alongside a restroom and kitchenette, the space invites endless potential. The basement crawlspace offers options for storage and access to reconfigure utilities strictly to your business needs. Complementing the interior flexibility is the building’s highly adaptable, high-visibility facade. The exterior can be easily customized to feature expansive storefront windows that flood the interior with natural light and allow for captivating visual merchandising. Eye-catching signage potential guarantees that your brand will command attention from both pedestrians strolling the avenue and passing street traffic. Finally, in a bustling downtown market where urban space is at an absolute premium, this property includes one of the most coveted amenities imaginable: one dedicated, gated, and deeded parking space. This exceptionally rare convenience provides seamless, stress-free access for business owners or delivery logistics.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 836 SF
  • Office/Retail
  • $980,000 ($1,172.25/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Positioned in the heart of Downtown Jersey City’s most vibrant and rapidly expanding commercial corridor, 271 Newark Avenue presents a rare, highly adaptable opportunity for business owners, investors, and entrepreneurs. Unit 1 is a commercial condominium of over 825 square feet that offers a perfect blank slate in one of New Jersey’s most dynamic and sought-after neighborhoods. As Downtown Jersey City continues its extraordinary growth trajectory, securing a footprint on Newark Avenue places your brand directly at the center of the action. Whether you are envisioning a flagship retail storefront, a bustling neighborhood cafe, a salon, a modern medical practice, or an innovative corporate office space, this property provides the ideal foundation to bring your specific vision to life. The sheer energy of the surrounding neighborhood is one of the property's greatest assets. Located directly on the thriving Newark Avenue corridor, the storefront benefits from continuous, heavy foot traffic day and night. Your business will thrive just steps away from Jersey City’s famed pedestrian plaza, a bustling hub that draws both locals and visitors alike. The area is surrounded by an established, ever-expanding ecosystem of dense luxury residential developments, ensuring a built-in customer base right at your doorstep. By joining this vibrant community, you will be situated alongside a curated mix of thriving local shops, top-tier restaurants, artisanal cafes, and vibrant nightlife destinations. Beyond the immediate neighborhood appeal, 271 Newark Avenue boasts unparalleled transit orientation and regional accessibility. For your customers, clients, and employees, the commute is exceptionally convenient. The property is situated just a short, scenic walk from the Grove Street PATH Station, and is heavily serviced by local bus routes and offers incredibly easy access to major highways, cementing its status as a highly accessible destination for both vehicle and pedestrian traffic. With a highly versatile, wide-open interior layout alongside a restroom and kitchenette, the space invites endless potential. The basement crawlspace offers options for storage and access to reconfigure utilities strictly to your business needs. Complementing the interior flexibility is the building’s highly adaptable, high-visibility facade. The exterior can be easily customized to feature expansive storefront windows that flood the interior with natural light and allow for captivating visual merchandising. Eye-catching signage potential guarantees that your brand will command attention from both pedestrians strolling the avenue and passing street traffic. Finally, in a bustling downtown market where urban space is at an absolute premium, this property includes one of the most coveted amenities imaginable: one dedicated, gated, and deeded parking space. This exceptionally rare convenience provides seamless, stress-free access for business owners or delivery logistics.
Sale Notes
Prime investment opportunity in downtown Jersey City.
Unit Unit Size Condo Use Price NOI
Unit 1 836 SF Office/Retail $980,000 ($1,172.25/SF) -

Unit 1

Unit Size
836 SF
Condo Use
Office/Retail
Price
$980,000 ($1,172.25/SF)
NOI
-

Unit 1

Unit Size 836 SF
Condo Use Office/Retail
Price $980,000 ($1,172.25/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Positioned in the heart of Downtown Jersey City’s most vibrant and rapidly expanding commercial corridor, 271 Newark Avenue presents a rare, highly adaptable opportunity for business owners, investors, and entrepreneurs. Unit 1 is a commercial condominium of over 825 square feet that offers a perfect blank slate in one of New Jersey’s most dynamic and sought-after neighborhoods. As Downtown Jersey City continues its extraordinary growth trajectory, securing a footprint on Newark Avenue places your brand directly at the center of the action. Whether you are envisioning a flagship retail storefront, a bustling neighborhood cafe, a salon, a modern medical practice, or an innovative corporate office space, this property provides the ideal foundation to bring your specific vision to life. The sheer energy of the surrounding neighborhood is one of the property&#39;s greatest assets. Located directly on the thriving Newark Avenue corridor, the storefront benefits from continuous, heavy foot traffic day and night. Your business will thrive just steps away from Jersey City’s famed pedestrian plaza, a bustling hub that draws both locals and visitors alike. The area is surrounded by an established, ever-expanding ecosystem of dense luxury residential developments, ensuring a built-in customer base right at your doorstep. By joining this vibrant community, you will be situated alongside a curated mix of thriving local shops, top-tier restaurants, artisanal cafes, and vibrant nightlife destinations. Beyond the immediate neighborhood appeal, 271 Newark Avenue boasts unparalleled transit orientation and regional accessibility. For your customers, clients, and employees, the commute is exceptionally convenient. The property is situated just a short, scenic walk from the Grove Street PATH Station, and is heavily serviced by local bus routes and offers incredibly easy access to major highways, cementing its status as a highly accessible destination for both vehicle and pedestrian traffic. With a highly versatile, wide-open interior layout alongside a restroom and kitchenette, the space invites endless potential. The basement crawlspace offers options for storage and access to reconfigure utilities strictly to your business needs. Complementing the interior flexibility is the building’s highly adaptable, high-visibility facade. The exterior can be easily customized to feature expansive storefront windows that flood the interior with natural light and allow for captivating visual merchandising. Eye-catching signage potential guarantees that your brand will command attention from both pedestrians strolling the avenue and passing street traffic. Finally, in a bustling downtown market where urban space is at an absolute premium, this property includes one of the most coveted amenities imaginable: one dedicated, gated, and deeded parking space. This exceptionally rare convenience provides seamless, stress-free access for business owners or delivery logistics.</li></ul>
Sale Notes
Prime investment opportunity in downtown Jersey City.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 3,600 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Drugstore
  • General Retail Storefront Retail/Office
  • Office Medical
Building Class C
Floors 3
Typical Floor Size 836 SF
Year Built 1890
Parking Ratio 1.2/1,000 SF
Zoning commercial - Commercially Zoned 1st Floor - direct street frontage.

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

CrossFit
Art Of Living
My Gym
F45
Tiger Schulmann's Martial Arts
The Little Gym
Key Food
CTown
Wings To Go
Surf City Squeeze
  • Listing ID: 40820160

  • Date on Market: 6/6/2026

  • Last Updated:

  • Address: 271 Newark Ave, Jersey City, NJ 07302

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