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USANJJersey City718 W Side Avenue
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718 W Side Avenue, Jersey City, NJ

House

For Sale

Listed price in listed location currency (USD).
$899,900

640

MLS® 22616448

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $13,356
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 22616448

Property Address: 718 W Side Avenue, Jersey City, NJ, 07306

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-Use Investment Opportunity - Prime Jersey City Location Exceptional value-add mixed-use investment featuring three units consisting of one street-level retail space and two spacious residential apartments. The commercial storefront offers approximately 1, 100 square feet, 1.5 bathrooms, excellent street visibility, storefront access, and rear yard access. Previously operated as a juice bar and approved for a RETAIL LOCATION (buyer to perform their own due diligence regarding zoning and permitted uses). The residential component consists of two 3-bedroom, 1-bath condos, both currently occupied on month-to-month leases, providing immediate cash flow with substantial upside potential. Current rents are below market, offering investors a strong opportunity to increase income and maximize returns as a value add proposition. Property features separate gas, electric, and water meters, with landlord currently paying water and sewer expenses. The retail tenant is responsible for 40% of the water and sewer charges. Additional highlights include a huge walkout basement, separate heating systems, natural gas heat, hot water baseboard heating, maintained roof, replaced hot water heaters, updated furnaces, and brand-new 3-phase electrical panels. The retail space also features a 9-foot drop ceiling and central air conditioning. Current monthly income is approximately $5, 875/month ($71, 000 per year) with a projected pro forma of approximately $7, 500/month ($90, 000), making this an ideal opportunity for investors seeking both stable income and future growth. Conveniently located near shopping, transportation, restaurants, and major commuter routes. Property Highlights: Mixed-use building with 1 retail and 2 residential units Retail storefront approximately 1, 100 SF Two 3-bedroom, 1-bath apartments Separate utilities and meters Natural gas heat Central air in retail space Huge walkout basement Maintained roof and major mechanical updates New 3-phase electrical service Strong value-add rental upside Excellent owner-user or investment opportunity Utilities paid by tenants A rare chance to acquire a cash-flowing mixed-use asset with significant upside in a high-demand location. ALSO, CAN BE PURCHASED AS A PACKAGE DEAL FOR ALL 3 BUILDINGS INCLUDING 266 DUNCAN, 718 W SIDE, AND 722 W SIDE ALL IN JOURNAL SQUARE!
MLS® Number22616448
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 3, 2026List Date
$899,900List Price
  • Commute

Commute

Starting Address
Destination Address
718 W Side Avenue, Jersey City, NJ

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