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Photo 1 of 49 — 271 NEWARK AVE 1, Jersey City, NJ 07302
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271 NEWARK AVE 1, Jersey City, NJ 07302

Hudson County

Key Facts

1Baths
836Sq Ft
1Garage

Listing Courtesy: COMPASS NEW JERSEY, LLC - 5512123870

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

Other-See Remarks

Living Area

836 sq ft

Garage Spaces

1

Days on Market

10

MLS® Listing#

260010824

Property Features

Cooling

Window Unit(s)

Heating

Forced Air

Flooring

Hardwood

Construction

Stucco

Financial Details

Annual Taxes

$5,870

Tax year 2025

Affordability Calculator

$196,000

Estimated monthly payment

$5,216/mo

Principal $784,000 · Est. interest $1,093,750 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Jersey City, NJ

$615,664
Median Listing Price
49
Median Days on Market
1,372
Median Sq Ft
$422
Median Price / Sq Ft
3,206
Active Listings
  • This home’s price is 59% above the area median.
  • Its price per sq ft is 178% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Jersey City, NJ.

Location

  • 271 NEWARK AVE 1, Jersey City, NJ 07302

Points of Interest in Jersey City, NJ

Showing the Jersey City area map.

Nearby Schools

  • Jersey City Art School

    School · 0.1 mi away

  • Dr. Michael Conti Public School 5

    Elementary · 0.2 mi away

  • Smile Preschool and Nursery

    School · 0.2 mi away

  • James J. Ferris High School

    Secondary · 0.2 mi away

  • Gym

    School · 0.3 mi away

  • 229 Third

    School · 0.3 mi away

  • McNair Academic High School

    Secondary · 0.3 mi away

  • Montessori School

    Elementary · 0.3 mi away

  • The French American Academy

    School · 0.3 mi away

  • Be Lingual

    School · 0.3 mi away

  • Hamilton Park Montessori School

    Elementary · 0.4 mi away

  • First Christian Pentecostal Academy

    School · 0.4 mi away

  • The Embankment School

    Elementary · 0.4 mi away

  • Frank R. Conwell Middle School 4

    Secondary · 0.4 mi away

  • Rafael de J Cordero School

    Elementary · 0.5 mi away

  • World of ABC, the Waldo School

    School · 0.5 mi away

  • County Prep High School

    Secondary · 0.5 mi away

  • The Scandinavian School of Jersey City

    School · 0.5 mi away

  • William L. Dickinson High School

    Secondary · 0.5 mi away

  • Hudson Montessori School

    Elementary · 0.6 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Jersey City

The data relating to real estate for sale or rent on this website comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than EXIT Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 HCMLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by HudsonCountyNJ. MLS® Listing#260010824. © 2026EXIT Realty®. All rights reserved.