Jersey City, NJ 07304 · Investment · For Sale · MLS 260009092
442 West Side Ave
$825,000
Investment
Use
2
Units
3+
Parking spaces
72
Days Listed
About this property
For the first time in nearly five decades, 442 West Side Avenue in the heart of Jersey City's West Bergen neighborhood is on the market — and it's one of the most compelling mixed-use development opportunities to hit this corridor in years. Home to the beloved Elio's Bakery for over 46 years, this property sits on an oversized 27x113 lot zoned NC-1, which permits a ground-floor retail space with up to four additional stories of residential apartments above — making the highest and best use of this site a full five-story mixed-use building that maximizes both rental income and long-term asset value. The sale includes the entire building and all bakery contents, appliances, fixtures, and equipment, along with a three-car rear garage that can generate supplemental income while the new owner pursues city approvals for redevelopment. The existing structure features a full basement for storage, a walk-in refrigerator, and a dumbwaiter accessible from all three current stories, including two stories of a mix of ovens, stoves, and so much more — offering a turnkey path to reopen as a fully operational bakery in the interim or lease the ground floor to a commercial tenant while building out the residential upside above. Sold completely as-is, this is a rare chance to acquire a legacy property with real development upside in one of Jersey City's most established neighborhoods. Inquire to
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07304
MLS #260009092
Space
Units2
Stories2
Site & exposure
Parking spaces3+
Investment
Annual taxes$7,792
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 442 West Side Ave?
The asking price is $825,000.
What is 442 West Side 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 442 West Side 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.