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.

Property Details of 321 1/2 Pavonia Avenue

Property Details

Interior Features

Map Location

Listed by Coldwell Banker,Upper Montclair / Corey Jones

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than The Agency are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: June 13, 2026
Source: 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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