Noun and の adjective
きんじょ
近所の人はしずかですか？
Are the neighbors quiet?
トーフグのオフィスの近所には、おしゃれなお店が多く集まっています。
Many chic shops are gathering in the neighborhood of the Tofugu office.
近所にコインランドリーがあるわよ。
There is a laundromat in the neighborhood.
The place you live near is your neighborhood!
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own as long as you remember the rendaku on しょ making it じょ.