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Mixed-Use Property with Restaurant
For Sale
$715,000

114 MALLORY AVE JC, Jersey City, NJ 07304

The building combines a street-level restaurant with two three-bedroom residential apartments.

Property SizeContact for details
Days on Market9

Property Features for 114 MALLORY AVE JC

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: MICHAEL CERVELLI REAL ESTATE LLC
Listed By: GARY BAEZ · License #1434899
Source: Corcoran
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 6 at 4:53AM

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

Investment Insights

Based on property information with market context.

Located at 114 Mallory Avenue in Jersey City’s West Bergen section, this mixed-use property contains a street-level restaurant and two residential apartments. Each apartment offers three bedrooms, creating a clear combination of commercial and residential occupancy within one building.

The property is 100% occupied by established tenants, with the restaurant and apartments contributing separate rental components. Individual utility metering is provided for every unit, supporting straightforward allocation of utility expenses and day-to-day property administration. The address is in Jersey City, New Jersey 07304.

Key Highlights

  • Mixed‑use building with one street‑level retail restaurant
  • Two three‑bedroom residential apartments
  • 100% occupied by established tenants

Property Analytics

Current Use

Palm Breeze Caribbean ... Restaurant MEXICAN HOME Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Dental Office Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,567
Businesses Nearby
277k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 17% Groceries 12% Home Improvements & Furnishings 11%
McDonald's Dining
35,214 visits/mo 0.5 miles
Asian Food Market Groceries
26,078 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
25,762 visits/mo 0.5 miles
Jollibee Dining
25,096 visits/mo 0.4 miles
Speedway Shops & Services
15,527 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines a street-level restaurant with two three-bedroom residential apartments.
Where is this mixed-use property located?
The property is located at 114 MALLORY AVE JC 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: Mixed‑use building with one street‑level retail restaurant; Two three‑bedroom residential apartments; 100% occupied by established tenants
More about this property
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