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Mixed-Use Building with Pizzeria
For Sale
$9,000,000

722 W Side Avenue Jersey, Jersey City, NJ 07306

Ground-floor retail combines with two residential apartments, including one renovated unit available for lease.

Property SizeContact for details
Days on Market127

Property Features for 722 W Side Avenue Jersey

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Gross Income $91,000
Utilities to Site Yes

Amenities

central fire and safety monitoring system
three separate utility meters
upgraded electrical service
renovated bathroom
updated residential finishes
Multi Units
Baseboard

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Central
Listed By: George Pavlushkin · License #1324942
Source: Kw
Added: Jun 3 Changed: Oct 6 Last Checked: Oct 5 at 5:03PM

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 at 722 W Side Avenue, Jersey, City, NJ 07306 contains one ground-floor commercial unit and two residential apartments. The apartments each offer 3 bedrooms and 1 bath; one has been renovated and is vacant, while the other is leased. Residential improvements include updated finishes and a renovated bathroom, and the building also has upgraded electrical service.

The commercial space is occupied by a pizzeria under a lease with 3% annual rent escalations. The tenant contributes 70% of the building’s water expense. Additional building features include baseboard heat, three separate utility meters, and connection to a central fire and safety monitoring system. Heat is paid by the landlord.

Key Highlights

  • One ground‑floor commercial unit paired with two residential apartments
  • Two 3‑bedroom, 1‑bath apartments; one renovated unit is vacant
  • Pizzeria lease includes 3% annual rent escalations

Property Analytics

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Current Use

Pompei Pizza Restaurant

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

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail combines with two residential apartments, including one renovated unit available for lease.
Where is this mixed-use property located?
The property is located at 722 W Side Avenue Jersey Jersey City, NJ.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: One ground‑floor commercial unit paired with two residential apartments; Two 3‑bedroom, 1‑bath apartments; one renovated unit is vacant; Pizzeria lease includes 3% annual rent escalations
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