Ad #7777164
MLS #22616448
Mixed-Use Investment Opportunity - Prime Jersey City Location
718 W Side Ave, Jersey City, NJ 07306
$899,900
6Beds
4Baths
4,400Sqft
0.05Acres
About this property
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!
Property Features
6 Beds
4 Baths
4,400 Sqft
0.05 Acres
3 Stories
Baseboard
$13,356 / yr property tax
Hudson County
Additional Photos
Contact Information
George Pavlushkin
Rimos International Inc DBA Re/Max Central
732-972-1000
Location
Listing Agent: George Pavlushkin 732-972-1000
Broker: Rimos International Inc DBA Re/Max Central 732-972-1000 Listing Site
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Rimos International Inc DBA Re/Max Central 732-972-1000 Listing Site
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$899,900
6
Beds
4
Baths
4,400
Sqft
718 W Side Ave, Jersey City, NJ 07306
By contacting this agent you agree to these Terms and Conditions.
MLS# 22616448
Mixed-Use Investment Opportunity - Prime Jersey City Location
$899,900
718 W Side Ave, Jersey City, NJ 07306
6
Beds
4
Baths
4,400
Sqft
0.05
Acres
$899,900
718 W Side Ave, Jersey City, NJ 07306
6 Beds
4 Baths
4,400 Sqft
0.05 Acres
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!
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Property Details
HOME DETAILS
6 Beds
4 Baths
4,400 Sqft
0.05 Acres
3 Stories
INTERIOR
Baseboard
FINANCIAL & COMMUNITY
$13,356 / yr property tax
Hudson County
See More Details
Location
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Ad Statistics
Ad Number
7777164
Viewed
47 times
Listing Status
Active
Added
Jun 18, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
More MLS
Source Property ID
22616448
Listing Agent: George Pavlushkin 732-972-1000
Broker: Rimos International Inc DBA Re/Max Central 732-972-1000 Listing Site
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Rimos International Inc DBA Re/Max Central 732-972-1000 Listing Site
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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