227 7th St,Jersey City, NJ 07302
Jersey City, NJ 07302
Description
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.
Details
| MLS # | 250021487 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 344 |
| Listing Provided By | EXP REALTY LLC | ALBERT NGAI |
Features
| Story(s) | 3 |
|---|---|
| Units | 3 |
Taxes
| Property | 18565 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07302 |
| Area | JC | Downtown |
| Subarea | JC | Downtown |
| Community Name | Corner of Erie & 7th St |
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Learn More About This Property
| State | NJ |
|---|---|
| County | Hudson |
| City | Jersey City |
| Zip Code | 07302 |
| Area | JC | Downtown |
| Subarea | JC | Downtown |
| Community Name | Corner of Erie & 7th St |
