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$1,399,000 Just Listed
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Property Description
Rarely does a corner brownstone this well-positioned come to market with income already in place. This quaint two-bedroom, two-bath residence occupies the upper floors of a classic corner building just two blocks from Hamilton Park '€" one of Downtown Jersey City's most beloved green spaces and the heartbeat of a neighborhood that continues to attract national attention. The intimate, thoughtfully scaled rooms carry the warmth of a home that feels curated rather than oversized, with in-unit combo washer/dryer adding everyday convenience. Below, the recently updated commercial space is home to an established, fully occupied restaurant tenant that has quickly become a neighborhood favorite. The tenant covers all utilities except gas, providing an investor-friendly structure that reduces carrying costs from day one. This property serves three buyers well. The condo shopper finds comparable square footage and authentic brownstone character with a commercial unit working for them. The multi-family buyer new to mixed-use will discover that a long-term commercial tenant offers stability and cost protections residential units rarely match. The investor needs only look at the location '€" Hamilton Park, steps from the Grove Street PATH, embedded in a walkable dining corridor that continues to appreciate. The residential unit is vacant, offering a clean slate for the owner-occupant or incoming tenant. Brownstone ownership. Corner lot. Built-in income. Two blocks from the park.
Full Property Details
Full Property Details for 321 1/2 Pavonia Ave
General
- Price: $1,399,000
- Taxes: $13,410
- Status: Active
- Type: Retail
- Source: NJMLS
- MLS ID: 26019390
- Updated: 5/30/2026
- Added to Site: 1 day(s) ago
Rental Information
- Rent Includes: None
Location
- Area: Jersey City
- County: HUDSON
Heating & Cooling
- Heating Type: Baseboard, Gas, Hot Water
Utilities
- Utility Description: Other (See Remarks)
Structural Information
- Architectural Style: Retail
- Description/Design: Other
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $13,410
Disclosures and Reports
- Ownership: Private
- Flood Zone: House In Flood, Lender May Require Insurance
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 321 1/2 Pavonia Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Rafael De J. Cordero No. 37 Elementary School 158 Erie Street, Jersey City, NJ 07302 | PK-8 | 0.3 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.5 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 321 1/2 Pavonia Ave
Date
Details
Price
Change
Source
5/30/2026
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales 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 321 1/2 Pavonia Ave
321 1/2 Pavonia Avenue, Jersey City, NJ 07302 (MLS# 26019390) is a Retail property. 321 1/2 Pavonia Avenue is currently listed for $1,399,000 and was received on May 30, 2026. This property is listed by New Jersey Living Group from our Maplewood Office.Want to learn more about 321 1/2 Pavonia Avenue? Do you have questions about finding other Retail real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.


