371 4th St #1, Jersey City, NJ, 07302
About This Home
Prime investment opportunity to own a highly visible commercial condominium in the heart of Downtown Jersey City, currently occupied by the well-known and reputable local favorite, Prato Bakery Paying $6000 triple net.. This established Italian café concept is celebrated for its authentic Tuscan baked goods, espresso bar, and strong neighborhood following, drawing consistent foot traffic year-round. The approximately 1,430 SF space features an efficient, open layout with a welcoming storefront presence, ideal for café, bakery, or boutique food use. The unit includes a half bath and is situated within a charming brick mixed-use condominium building, with two residential units above, providing a built-in customer base and steady neighborhood activity. Strategically located at 371 4th Street near Newark Avenue, the property benefits from a vibrant, walkable setting in the desirable Village/Downtown section of Jersey City, just moments from Grove Street PATH and surrounding retail, dining, and residential developments. The rare opportunity to acquire a turnkey commercial space in one of Jersey City’s most sought-after locations is now here.
Getting Around
Walker's Paradise
Excellent Transit
Very BikeableSchools
Construction
Materials
- Construction materials: Brick
Type & Style
- Home type: Condo
- Architectural style: Multi Level
- Property subType: Condominium
Interior
Appliances
- Appliances included: None
Bedrooms & Bathrooms
- Bathrooms: 1
- 1/2 bathrooms: 1
Features
- 3 Other Rooms
Heating & Cooling
- Heating features: Central,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 1,433
- Total interior livable area: 1,433 sqft
Property
Details
- Exclusions: All personal property.
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,559 | $90,708 |
| Home Insurance * | $356 | $4,272 |
| Property Taxes | $1,943 | $23,316 |
| Electricity | $193 | $2,318 |
| Total | $10,051 | $120,612 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Listed for sale | $1,495,000 |
View on Zillow