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$980,000 Just Listed
Property 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.
Full Property Details
Full Property Details for 271 Newark Ave #1
General
- Price: $980,000
- Taxes: $5,870 (2025)
- Status: Active
- Type: Condo
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260010824
- Updated: 6/6/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Hardwood Floor
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Half Bathrooms: 1
- Level 1 - 1/2 Baths: 1
Additional Information
- Amenities: Hardwood Floor
- Other Features: Near Shopping, Near Bus, Near Parks, Near Path
Parking
- Garage Spaces: 1
- Garage Description: 1 Car
Location
- Area: JC, Downtown
- County: Hudson
- Driving Directions: Newark Ave and 2nd Street
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: A/C Window
- Heating Type: Hot Air
- Heating/Cooling: Hot Air, A/C Window
Structural Information
- Architectural Style: Other-See Remarks
- Exterior Const.: Stucco
- Entry Floor Number: 1
- Square Feet: 836
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $5,870
- Tax Year: 2025
Disclosures and Reports
- Exclusions: furniture, staging
- Inclusions: Fixtures/appliances
- Lead Paint Discl.: Yes
Listed by Compass New Jersey, Llc (551) 212-3870
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Schools
Schools serving 271 Newark Ave #1
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Dr. Michael Conti School 182 Merseles Street, Jersey City, NJ 07302 | PK-8 | 0.2 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 271 Newark Ave #1
Date
Details
Price
Change
Source
6/04/2026
Listed
$980,000
66.1%
MLS
1/23/2014
Sold
$590,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 271 Newark Ave #1
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 271 Newark Ave #1
271 Newark Ave #1, Jersey City, NJ 07302 (MLS# 260010824) is a Condo property with 0 bedrooms, 0 full bathrooms and 1 partial bathroom. 271 Newark Ave #1 is currently listed for $980,000 and was received on June 04, 2026. Want to learn more about 271 Newark Ave #1? Do you have questions about finding other Condo real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.
