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Mixed-Use Building with Retail Storefront

718 WEST SIDE AVE JC, Jersey City, NJ 07306

For Sale
$875,000

The property combines street-level commercial space with two occupied apartments and separate heating systems.

Property SizeContact for details
Days on Market158

Property Features for 718 WEST SIDE AVE JC

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood West Side
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2
Individually Metered Utilities gas, electric, water

Additional Details

Gross Income $72,900
Tenant in Place Yes

Amenities

separate gas, electric, and water meters
rear yard access
huge walkout basement
separate heating systems
natural gas heat
hot water baseboard heating
maintained roof
replaced hot water heaters
updated furnaces
brand-new 3-phase electrical panels
9-foot drop ceiling
central air conditioning

Building Details

Buildings 1
Tenancy Multi
Listing Agency: REMAX CENTRAL
Listed By: GEORGE PAVLUSHKIN · License NJ #1324942
Source: Serhant
Added: Jun 10 Changed: Nov 12 Last Checked: Nov 12 at 2:17PM

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 REMAX CENTRAL

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Investment Insights

Based on property information with market context.

This three-unit mixed-use property in Jersey City includes a street-level retail space of approximately 1,100 square feet and two residential apartments, each configured with three bedrooms and one bathroom. The storefront has central air conditioning, a 9-foot drop ceiling, and access to a rear yard. A walkout basement adds substantial lower-level space. Each unit has a separate heating system; the building also has natural gas heat and hot water baseboard heating.

The roof is maintained, hot water heaters have been replaced, and furnaces have been updated. New three-phase electrical panels are in place. The property is on West Side Avenue in the Journal Square area, near shopping, restaurants, transportation, and major commuter routes.

Key Highlights

  • Three‑unit configuration: one retail space and two residential apartments
  • Retail space measures approximately 1,100 square feet and includes central air conditioning
  • Each apartment has 3 bedrooms and 1 bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

West Side Grocery ... Grocery & Convenience Store Delish Juice Bar Specialty Food Shop Jithey Mie Vairy ... Insurance Agency

Suggested Use

Top Pick Acupuncture Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Nursing Home Skin Care Clinic 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

2,797
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Jersey City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines street-level commercial space with two occupied apartments and separate heating systems.
Where is this mixed-use property located?
The property is located at 718 WEST SIDE AVE JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Three‑unit configuration: one retail space and two residential apartments; Retail space measures approximately 1,100 square feet and includes central air conditioning; Each apartment has 3 bedrooms and 1 bathroom
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