Jersey City, NJ 07302 · Investment · For Sale · MLS 250021487
227 7Th St
$1,595,000
Investment
Use
3
Units
1
Parking spaces
281
Days Listed
About this property
Prime Mixed-Use Investment Opportunity Near Hamilton Park! Unlock the potential of this strategically located mixed-use property with a private garage, featuring two spacious residential units above a commercial restaurant space. This property offers a strong foundation with built-in cash flow and significant upside for investors or owner-occupied buyers. Improve the units, raise the rents and capitalize on a prime location with high tenant demand. The ground floor commercial space is currently occupied by a well-established restaurant and includes a full kitchen setup. Above, you'll find two well-laid-out 2-bedroom, 1-bath residential units. Unit 2 is currently vacant, offering immediate upside for new tenants or potential owner-occupancy. Unit 3 can be delivered vacant, opening the door to increased rental income through renovation. Situated just around the corner from Hamilton Park and within walking distance to Newport Mall, Grove and Newport PATH stations. Close proximity to a vibrant selection of shops, dining, and public transit options.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07302
MLS #250021487
Space
Units3
Stories3
Site & exposure
Parking spaces1
Investment
Annual taxes$18,565
Est. gross income$112,501
Est. operating expense$30,262
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 227 7Th St?
The asking price is $1,595,000.
What is 227 7Th St zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 227 7Th St?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
