718 WEST SIDE AVE JC, Jersey City, NJ 07306
Street-level retail with two occupied 3-bedroom apartments and separate utilities makes this a practical mixed-use ownership.
- Added:
- Jun 10, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 13 at 4:21 am
Property Features for 718 WEST SIDE AVE JC
General Information
- Standard status
- Active
- Property subtype
- Commercial
Listing agent GEORGE PAVLUSHKIN License #1324942
Listing office REMAX CENTRAL (732) 972-1000
Listing date Jun 10, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of REMAX CENTRAL
HighLights
- Mixed‑use building with 1 street‑level retail unit and 2 occupied residential apartments (both on month‑to‑month leases)
- Retail storefront is approx. 1,100 SF with central air and a 9‑foot drop ceiling; includes 1.5 bathrooms and storefront + rear yard access
- Residential units: two 3‑bedroom, 1‑bath condos, currently tenant‑occupied
- Separate gas, electric, and water meters; landlord pays water and sewer while the retail tenant pays 40% of water/sewer charges
- Mechanical and electrical updates include maintained roof, replaced hot water heaters, updated furnaces, huge walkout basement, and brand‑new 3‑phase electrical panels
- Current income approx. $5,875/month ($71,000/year) with pro forma approx. $7,500/month ($90,000)
Overview
The residential component consists of two 3-bedroom, 1-bath condos, each currently occupied on month-to-month leases. Utilities are separately metered with separate gas, electric, and water meters. The landlord currently pays water and sewer expenses, and the retail tenant is responsible for 40% of the water and sewer charges. The retail space was previously operated as a juice bar and is described as approved for a retail location, with the buyer to perform their own due diligence regarding zoning and permitted uses.
For tenants, the combination of storefront and residential units can support day-to-day operations with dedicated systems. For buyers and investors, the property provides an owner with income from occupied residential units alongside a retail opportunity, while the separate utilities and documented mechanical and electrical improvements are designed to support smoother ongoing management. The listing also notes the potential to purchase related additional buildings as a package deal.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0774978
- Latitude
- 40.7249735