Jersey City, NJ 07302 · Investment · For Sale · MLS 260010348
321-5 Pavonia Ave
$1,399,000
Investment
Use
2
Units
0
Parking spaces
55
Days Listed
About this property
Rarely does a corner brownstone this well-positioned come to market with income already in place. This quaint two-bedroom, two-bath residence occupies the upper floors of a classic corner building just two blocks from Hamilton Park — one of Downtown Jersey City's most beloved green spaces and the heartbeat of a neighborhood that continues to attract national attention. The intimate, thoughtfully scaled rooms carry the warmth of a home that feels curated rather than oversized, with in-unit combo washer/dryer adding everyday convenience. Below, the recently updated commercial space is home to an established, fully occupied restaurant tenant that has quickly become a neighborhood favorite. The tenant covers all utilities except gas, providing an investor-friendly structure that reduces carrying costs from day one. This property serves three buyers well. The condo shopper finds comparable square footage and authentic brownstone character with a commercial unit working for them. The multi-family buyer new to mixed-use will discover that a long-term commercial tenant offers stability and cost protections residential units rarely match. The investor needs only look at the location — Hamilton Park, steps from the Grove Street PATH, embedded in a walkable dining corridor that continues to appreciate. The residential unit is vacant, offering a clean slate for the owner-occupant or incomi
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07302
MLS #260010348
Space
Units2
Site & exposure
Parking spaces0
Investment
Annual taxes$13,410
Est. operating expense$13,410
Mixed useYes
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 321-5 Pavonia Ave?
The asking price is $1,399,000.
What is 321-5 Pavonia Ave 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 321-5 Pavonia Ave?
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.
