271 Newark Ave # 1
Jersey City, NJ, 07302 $ 980,000
Baths0.1 Sq 836 Monthly Estimate*
$ 6,034
Studio for $980,000 with 1 half bath. This condo is 836 square feet.
Positioned in the heart of Downtown Jersey Cityâs 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 Jerseyâs 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 Cityâs 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 buildingâs 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.
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FeaturesGeneralPets Allowed Y/N Y
Exclusions furniture staging
Status Active ACTIVE
Bathrooms 1
County Hudson
Class CONDO-COOP
Type Condominium
Block 11004
Section Downtown
Tax Year 2025
Amenities Include Hardwood Floor
Miscellaneous Near Shopping Near Bus Near Parks Near Path
Floor Number 1
Subdivision NJ
Sale/Rent For Sale
Status Detail 0
Area JC Downtown
Primary City Jersey City
City JC Downtown
Taxes 5870
DOM 2
Postal Code 07302
Price Per Sq Ft Total AG 1172.25
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ExteriorInclusions Fixtures/appliances
Parking available 1 Car
Exterior Stucco
Building Style Other-See Remarks
Lot 12
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InteriorBeds 0
Appliances Included None
Total Rooms 4
Heating/Cooling Hot Air A/C Window
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* Excluded FeaturesList ByCompass New Jersey, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,034
- Monthly Property Taxes
- $489
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Jersey City, NJ
Average List Price $775,681
Percent of Sale Price 21%
About Jersey City, NJ 276,709 Population
15% Since 2002
$ 68,187 Median Income
37.13 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/4/2026 | $980,000 | | Listed Price |