Photo of 227 7th Street, Jersey City Downtown NJ
     
227 7th Street
Jersey City Downtown, NJ 07302
Jersey City Downtown
Jersey City
Hudson County
Asking Price$1,595,000
Bedrooms4
Full Baths2
HeatingBaseboard
CoolingA/C Window
BasementUnfinished
Parking1 Car Garage
Taxes (2024)$18,565

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.

Room Sizes

Location


Details
Architectural Type - MultiLevel
Parking - 1 Car, Garage
Basement - Unfinished
Exterior Features - Brick
Cooling - A/C Window, Baseboard, Electric
Heating - A/C Window, Baseboard, Electric

Notes
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Assessment : 0
Latitude : 40.725951
Longitude : -74.043798
EveryHome Number : 500214-51016
Listing Courtesy EXP REALTY LLC
Zoning Designation M