Retail Plus Rental Units For Sale Equals Opportunity in Bergen-Lafayette

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This listing is brought to you by Jesse S. Toledano of Joseph A Del Forno Inc. Want a listing featured? Email us, [email protected].

529 Communipaw Avenue Retail For Sale Jersey City 2
For sale: 529 Communipaw Avenue, Jersey City.

529 Communipaw Avenue in Bergen-Lafayette is a gut-renovated mixed-use building ideal for investors or any buyer with retail needs. Communipaw Avenue has always been a bustling retail corridor and the surrounding Bergen-Lafayette neighborhood is experiencing residential development and restaurant/retail openings at a breakneck pace.

The charming three-story building includes ground-floor retail space plus two 2-bedroom apartments on a large, 20’ by 100’ lot. Frame construction with a stucco and siding facade, 529 Communipaw Avenue also boasts beautiful detailing below the gable roof.

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Ground-floor retail space.

The retail space is over 1,200 square feet and includes a lobby, three half bathrooms, storage, access to the backyard, and a separate dedicated entrance from the street.

The second floor is comprised of a two-bed, one-bath unit and the third floor also houses a two-bed, one-bath unit, each with their own gas HVAC system. Renovated to include hardwood floors and designer lighting throughout, both apartments are more than move-in ready.

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Two-bedroom unit, main living area.
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Bedroom.

Kitchens are open to the main living area but defined by a marbled white tile floor. The contemporary cook space is outfitted with ample white cabinetry, stainless steel appliances, and a marbled white countertop for a light bright look and feel.

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Kitchen.
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Living area.

Baths are also clean and contemporary, clad in grey and white tile with a mosaic detail. Large wood vanities and a mirrored medicine cabinet also provide plenty of storage space.

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Full bath.
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Bedroom.

Located just west of The Junction, between Grand Street and Crescent Avenue, the property is a turn-key investment opportunity with so much potential — the value play with nothing but upside and not to be missed. 529 Communipaw Avenue is a rare opportunity, asking $670,000.

For more information and to schedule a showing, contact Jesse Toledano at 201.432.7000 (office), 917.923.3266 (cell), or [email protected].

Listing: 529 Communipaw Avenue, Jersey City
Asking: $670,000
Agent/Brokerage: Jesse S. Toledano/Joseph A Del Forno Inc.

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