Jersey City, NJ 07304 · Investment · For Sale · MLS 260007582
451 Communipaw Ave
$3,950,000
Investment
Use
6
Units
0
Parking spaces
91
Days Listed
About this property
451 Communipaw Avenue presents a rare opportunity to acquire a true commercial loft asset in one of Jersey City’s most compelling growth corridors. Located within Jersey City’s designated Opportunity Zone and nestled in the emerging Morris Canal neighborhood, the property offers investors the chance to own a distinctive mixed-use commercial building in a market defined by strong redevelopment momentum, improving infrastructure, and increasing demand from creative and service-oriented businesses. Positioned prominently at the entrance to Berry Lane Park, Jersey City’s largest and newest municipal park, the property benefits from exceptional visibility, strong neighborhood identity, and an irreplaceable setting. With direct frontage along Communipaw Avenue, one of the city’s primary east-west arteries, 451 Communipaw Avenue sits in the heart of a rapidly transforming district that continues to attract new residential development, local business growth, and long-term capital investment. As one of the few remaining authentic commercial loft properties in the Morris Canal section, the building offers a character-rich alternative to conventional commercial product. Its loft-style configuration, scale, and presence make it especially attractive to creative office users, boutique retailers, food and beverage operators, showroom tenants, and other entrepreneurial businesses seeking uniq
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07304
MLS #260007582
Space
Units6
Stories3
ConstructionBrck/Frame
Building systems
SprinklersWet
ElevatorYes
Handicap accessYes
Site & exposure
Parking spaces0
Investment
Annual taxes$87,803
Est. gross income$399,000
Est. operating expense$279,197
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 451 Communipaw Ave?
The asking price is $3,950,000.
What is 451 Communipaw Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 451 Communipaw Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
