Mixed-Use Building with Retail
For Sale
$899,900
718 W Side Avenue Jersey, Jersey City, NJ 07306
Three-unit property combines a street-facing commercial space with two residential apartments and separate building utilities.
Property SizeContact for details
Days on Market130
Property Features for 718 W Side Avenue Jersey
General Information
Standard status
Active
Property subtype
Multi-Family
Net Operating Income
$55,000
Financials
Asking Price
$900,000
Cap Rate
6.1%
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
walkout basement
separate gas, electric, and water meters
natural gas heat
hot water baseboard heating
maintained roof
replaced hot water heaters
updated furnaces
new 3-phase electrical panels
9-foot drop ceiling
central air conditioning
Baseboard
Multi Units
Natural Gas
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
RE/MAX Central
Listed By:
George Pavlushkin · License #1324942
(732) 972-1000
Source:
Kw
Added: Jun 3
Changed: Oct 7
Last Checked: Oct 9 at 4:21PM
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 RE/MAX Central
Investment Insights
Based on property information with market context.
This mixed-use property contains three units: a street-level retail suite and two residential apartments. The commercial space measures approximately 1,100 square feet and includes 1.5 bathrooms, direct storefront entry, rear yard access, a 9-foot drop ceiling, and central air conditioning. The residential units are each configured with three bedrooms and one bathroom and are occupied under month-to-month leases.
Building systems include separate gas, electric, and water meters, natural gas service, baseboard heating, separate heating systems, and a large walkout basement. The roof has been maintained, while the property also includes replaced hot water heaters, updated furnaces, and new 3-phase electrical panels. The commercial space was previously used as a juice bar and is identified in the source information as approved for retail use; buyers should independently verify zoning and permitted uses.
Building systems include separate gas, electric, and water meters, natural gas service, baseboard heating, separate heating systems, and a large walkout basement. The roof has been maintained, while the property also includes replaced hot water heaters, updated furnaces, and new 3-phase electrical panels. The commercial space was previously used as a juice bar and is identified in the source information as approved for retail use; buyers should independently verify zoning and permitted uses.
Key Highlights
- Three‑unit configuration with one retail space and two 3‑bedroom, 1‑bath apartments
- Approximately 1,100 SF street‑level retail suite with 1.5 bathrooms
- 9‑foot drop ceiling and central air conditioning in the retail space
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,797
Businesses Nearby
Explore this area
Business Placement
Demographics for 07306, NJ
55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-unit property combines a street-facing commercial space with two residential apartments and separate building utilities.
Where is this mixed-use property located?
The property is located at 718 W Side Avenue Jersey Jersey City, NJ.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three‑unit configuration with one retail space and two 3‑bedroom, 1‑bath apartments; Approximately 1,100 SF street‑level retail suite with 1.5 bathrooms; 9‑foot drop ceiling and central air conditioning in the retail space
