Fully Leased Mixed-Use
For Sale
$715,000
Pending
114 Mallory Ave, Jersey City, NJ 07304
Street-level restaurant space is paired with two residential apartments in a fully occupied, separately metered property.
Property SizeContact for details
Days on Market96
Property Features for 114 Mallory Ave
General Information
Standard status
Pending
Property subtype
Residential Income
Occupancy
100%
Listing Agency:
MICHAEL CERVELLI REAL ESTATE LLC
Listed By:
GARY BAEZ · License #1434899
(201) 868-6300
Source:
Exprealty
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 1 at 6:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICHAEL CERVELLI REAL ESTATE LLC
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Investment Insights
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Built in 1920, this mixed-use property combines a street-level restaurant with two spacious three-bedroom residential apartments. The configuration brings commercial and residential components together within one income-producing asset, with each unit separately metered for utilities.
The property is 100% occupied by established tenants and is located at 114 Mallory Avenue in Jersey City’s West Bergen section. Its current tenant mix includes one restaurant and two apartments, providing distinct commercial and residential rental components in a single building.
The property is 100% occupied by established tenants and is located at 114 Mallory Avenue in Jersey City’s West Bergen section. Its current tenant mix includes one restaurant and two apartments, providing distinct commercial and residential rental components in a single building.
Key Highlights
- One street‑level retail restaurant with two three‑bedroom apartments
- 100% occupied with established tenants
- Each unit is separately metered for utilities
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,567
Businesses Nearby
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Business Placement
Demographics for 07304, NJ
48,681
Population
21,211
Households
2.3
Avg Household Size
35
Median Age
40%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
23,181
Density / Sq Mi
$68,432
Median Household Income
$47,673
Median Earnings
$1,572
Median Rent
$489,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level restaurant space is paired with two residential apartments in a fully occupied, separately metered property.
Where is this mixed-use property located?
The property is located at 114 Mallory Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: One street‑level retail restaurant with two three‑bedroom apartments; 100% occupied with established tenants; Each unit is separately metered for utilities
