Mixed-Use Building with
722 W Side Avenue, Jersey City, NJ 07306
New
MULTI_FAMILY - Jersey City, NJ
Property size:
4,400 SFLot size:
0.05 AcresPrice / SF:
$204/SF- Added:
- Jun 3, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 3 at 7:06 am
Property Features for 722 W Side Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 1
- Rooms
- Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bedroom 4
- Basement
- Full
- Standard status
- Active
- APN
- 06-16401-0000-00072
- Size
- 4,400 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13356
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 3
Listing agent George Pavlushkin License #1324942 (732) 972-1000
Listing office RE/MAX Central 520 HWY 9 N, Manalapan, NJ (732) 972-1000
Listing date Jun 3, 2026
MLS# 22616449
Listing URL
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use building with 1 retail unit and 2 residential apartments
- Fully occupied pizzeria tenant paying $3,600/month with 3% annual rent escalations
- Residential unit mix: two 3‑bedroom, 1‑bath apartments; one renovated unit is currently vacant with projected rent of $2,500+
- Second apartment currently rents for $1,584/month with estimated market rent of approximately $2,700/month
- Numerous improvements including upgraded electrical service, renovated bathroom, and updated residential finishes
- Three separate utility meters; commercial tenant pays 70% of the water expense and heat is paid by the landlord
Overview
This well-maintained mixed-use building includes one ground-floor retail space operating as a pizzeria and two residential apartments above. The residential layout features two spacious three-bedroom, one-bath units, one of which is recently renovated and currently vacant for immediate leasing opportunities. The property has completed a number of improvements, including upgraded electrical service, a renovated bathroom, and updated residential finishes. For safety and monitoring, the building is connected to a central fire and safety monitoring system, and it has three separate utility meters in place. Heat is currently paid by the landlord.
The commercial unit is occupied and generating $3,600 per month, with 3% annual rent increases described in the offering. The pizzeria contributes 70% of the building’s water expense, supporting stable operating income. The residential portion includes one unit currently rented at $1,584 per month, with an estimated market rent of approximately $2,700 per month, and a second renovated unit projected to lease at $2,500+ per month according to the provided figures.
For investors, this configuration offers a straightforward mixed-use cash-flow setup with a long-term tenant base in the retail component and meaningful value-add potential in the apartment mix. Buyers looking for an owner-managed or investment hold scenario may find the combination of an established commercial tenant, renovated residential finishes, and measurable rental upside especially compelling.
The commercial unit is occupied and generating $3,600 per month, with 3% annual rent increases described in the offering. The pizzeria contributes 70% of the building’s water expense, supporting stable operating income. The residential portion includes one unit currently rented at $1,584 per month, with an estimated market rent of approximately $2,700 per month, and a second renovated unit projected to lease at $2,500+ per month according to the provided figures.
For investors, this configuration offers a straightforward mixed-use cash-flow setup with a long-term tenant base in the retail component and meaningful value-add potential in the apartment mix. Buyers looking for an owner-managed or investment hold scenario may find the combination of an established commercial tenant, renovated residential finishes, and measurable rental upside especially compelling.
Property Profile
Location Intelligence
Current Use by Public Records
Pompei Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Jersey City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.077513
- Latitude
- 40.725103
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully occupied pizzeria and two residential apartments create immediate income with upside from vacant and below-market units.
Where is this mixed-use property located?
The property is located at 722 W Side Avenue 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: Mixed‑use building with 1 retail unit and 2 residential apartments; Fully occupied pizzeria tenant paying $3,600/month with 3% annual rent escalations; Residential unit mix: two 3‑bedroom, 1‑bath apartments; one renovated unit is currently vacant with projected rent of $2,500+
