Active

718 W Side Avenue

Jersey City, NJ 07306
Mark as Favorite
Bed 6

Bed

Bath 4

Bath

Acres0.05

Acre(Lot)

Mixed-Use Investment Opportunity - Prime Jersey City Location Exceptional value-add mixed-use investment featuring three units consisting of one street-level retail space and two spacious residential apartments. The commercial storefront offers approximately 1,100 square feet, 1.5 bathrooms, excellent street visibility, storefront access, and rear yard access. Previously operated as a juice bar and approved for a RETAIL LOCATION (buyer to perform their own due diligence regarding zoning and permitted uses). The residential component consists of two 3-bedroom, 1-bath condos, both currently occupied on month-to-month leases, providing immediate cash flow with substantial upside potential. Current rents are below market, offering investors a strong opportunity to increase income and maximi ze returns as a value add proposition. Property features separate gas, electric, and water meters, with landlord currently paying water and sewer expenses. The retail tenant is responsible for 40% of the water and sewer charges. Additional highlights include a huge walkout basement, separate heating systems, natural gas heat, hot water baseboard heating, maintained roof, replaced hot water heaters, updated furnaces, and brand-new 3-phase electrical panels. The retail space also features a 9-foot drop ceiling and central air conditioning. Current monthly income is approximately $5,875/month ($71,000 per year) with a projected pro forma of approximately $7,500/month ($90,000), making this an ideal opportunity for investors seeking both stable income and future growth. Conveniently located near shopping, transportation, restaurants, and major commuter routes. Property Highlights: Mixed-use building with 1 retail and 2 residential units Retail storefront approximately 1,100 SF Two 3-bedroom, 1-bath apartments Separate utilities and meters Natural gas heat Central air in retail space Huge walkout basement Maintained roof and major mechanical updates New 3-phase electrical service Strong value-add rental upside Excellent owner-user or investment opportunity Utilities paid by tenants A rare chance to acquire a cash-flowing mixed-use asset with significant upside in a high-demand location. ALSO, CAN BE PURCHASED AS A PACKAGE DEAL FOR ALL 3 BUILDINGS INCLUDING 266 DUNCAN, 718 W SIDE, AND 722 W SIDE ALL IN JOURNAL SQUARE!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $899,900

AD Id : 80013349

MLS Id : 22616448

Beds : 6

Lot Size : 0.05 Acre

Year Built : --

County : Hudson

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Walk-Out Access, Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Multi Units

  • Building Information

    Building Area Total: 4400 Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 20 x 100.46 Main Square Feet: 0.05 Acres Lot Size Acres: 0.05 Lot Size Square Feet: 2178

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Jersey City (JER) Property SubType: Multi Family

  • Listing Price Information

    Listing Price: $899900 Cash, Conventional

  • Tax Information

    Parcel Number: 06-16401-0000-00070 Tax Lot: 70 Tax Block: 16401 Tax Year: 2025 Annual Tax: $13356

  • Location Information

    Direction: 718 W Side Ave, Jersey City, NJ 07306 WaterSource: Public
Sell a home like this and save $53,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The data relating to real estate for sale on this website comes in part from the Internet Data exchange ("IDX") program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 17:09

MLS: 22616448 LISTED BY: George Pavlushkin, RE/MAX Central 732-972-1000 SOURCE: Monmouth Ocean Regional Multiple Listing Service

Selling? Save $53,495 when you sell a home like this

Tour with a ByOwner Agent