Ad #7777163
MLS #22616449
Mixed-Use Investment Opportunity - Fully Occupied Pizzeria
722 W Side Ave, Jersey City, NJ 07306
$899,900
6Beds
1Baths
4,400Sqft
0.05Acres
About this property
Mixed-Use Investment Opportunity - Fully Occupied Pizzeria Building with Significant Upside Excellent opportunity to acquire a well-maintained mixed-use building featuring one established retail space and two large residential apartments in a strong rental market. The ground-floor retail unit is occupied by a successful pizzeria generating $3,600 per month with 3% annual rent increases, while contributing 70% of the building's water expense, providing stable and growing income. The residential portion consists of two spacious 3-bedroom, 1-bath apartments. One unit has been recently renovated and is currently vacant, offering immediate leasing potential with projected rent of $2,500+ per month. The second apartment is currently rented at $1,584 per month with an estimated market rent of approximately $2,700 per month, creating substantial value-add potential for investors. The property has seen numerous improvements, including upgraded electrical service, a renovated bathroom, and updated residential finishes. The building is connected to a central fire and safety monitoring system and features three separate utility meters. Heat is currently paid by the landlord. With strong in-place income, an established commercial tenant, and significant rental upside in the residential units, this property offers investors the opportunity to increase cash flow and maximize returns over time. Property Highlights Mixed-use building with 1 commercial unit and 2 residential units Established pizzeria tenant paying $3,600/month 3% annual commercial rent escalations Commercial tenant pays 70% of water expense Two spacious 3-bedroom, 1-bath apartments One renovated vacant unit ready for lease Significant rental upside in residential units Upgraded electrical service Renovated bathroom and updated residential finishes Central fire and safety monitoring system Three separate utility meters Strong value-add investment opportunity Actual income is $91,000 per year with value add to $103,000+ A rare chance to own a cash-flowing mixed-use asset with a stable commercial tenant, renovated residential units, and substantial upside potential for increased income and long-term appreciation.
Property Features
6 Beds
1 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 12, 2026
Photo Gallery
$899,900
6
Beds
1
Baths
4,400
Sqft
722 W Side Ave, Jersey City, NJ 07306
By contacting this agent you agree to these Terms and Conditions.
MLS# 22616449
Mixed-Use Investment Opportunity - Fully Occupied Pizzeria
$899,900
722 W Side Ave, Jersey City, NJ 07306
6
Beds
1
Baths
4,400
Sqft
0.05
Acres
$899,900
722 W Side Ave, Jersey City, NJ 07306
6 Beds
1 Baths
4,400 Sqft
0.05 Acres
Mixed-Use Investment Opportunity - Fully Occupied Pizzeria Building with Significant Upside Excellent opportunity to acquire a well-maintained mixed-use building featuring one established retail space and two large residential apartments in a strong rental market. The ground-floor retail unit is occupied by a successful pizzeria generating $3,600 per month with 3% annual rent increases, while contributing 70% of the building's water expense, providing stable and growing income. The residential portion consists of two spacious 3-bedroom, 1-bath apartments. One unit has been recently renovated and is currently vacant, offering immediate leasing potential with projected rent of $2,500+ per month. The second apartment is currently rented at $1,584 per month with an estimated market rent of approximately $2,700 per month, creating substantial value-add potential for investors. The property has seen numerous improvements, including upgraded electrical service, a renovated bathroom, and updated residential finishes. The building is connected to a central fire and safety monitoring system and features three separate utility meters. Heat is currently paid by the landlord. With strong in-place income, an established commercial tenant, and significant rental upside in the residential units, this property offers investors the opportunity to increase cash flow and maximize returns over time. Property Highlights Mixed-use building with 1 commercial unit and 2 residential units Established pizzeria tenant paying $3,600/month 3% annual commercial rent escalations Commercial tenant pays 70% of water expense Two spacious 3-bedroom, 1-bath apartments One renovated vacant unit ready for lease Significant rental upside in residential units Upgraded electrical service Renovated bathroom and updated residential finishes Central fire and safety monitoring system Three separate utility meters Strong value-add investment opportunity Actual income is $91,000 per year with value add to $103,000+ A rare chance to own a cash-flowing mixed-use asset with a stable commercial tenant, renovated residential units, and substantial upside potential for increased income and long-term appreciation.
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Property Details
HOME DETAILS
6 Beds
1 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
7777163
Viewed
37 times
Listing Status
Pending
Added
Jun 25, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
More MLS
Source Property ID
22616449
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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