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722 W Side Avenue

Jersey City, NJ 07306
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Bed 6

Bed

Bath 1

Bath

Acres0.05

Acre(Lot)

Mixed-Use Investment Opportunity - Fully Occupied Pizzeria Building with Significant Upside Excellent opportunity to acquire a well-maintained mixed-use building featuring one established retail space and two large residential apartments in a strong rental market. The ground-floor retail unit is occupied by a successful pizzeria generating $3,600 per month with 3% annual rent increases, while contributing 70% of the building's water expense, providing stable and growing income. The residential portion consists of two spacious 3-bedroom, 1-bath apartments. One unit has been recently renovated and is currently vacant, offering immediate leasing potential with projected rent of $2,500+ per month. The second apartment is currently rented at $1,584 per month with an estimated market rent of approximately $2,700 per month, creating substantial value-add potential for investors. The property has seen numerous improvements, including upgraded electrical service, a renovated bathroom, and updated residential finishes. The building is connected to a central fire and safety monitoring system and features three separate utility meters. Heat is currently paid by the landlord. With strong in-place income, an established commercial tenant, and significant rental upside in the residential units, this property offers investors the opportunity to increase cash flow and maximize returns over time. Property Highlights Mixed-use building with 1 commercial unit and 2 residential units Established pizzeria tenant paying $3,600/month 3% annual commercial rent escalations Commercial tenant pays 70% of water expense Two spacious 3-bedroom, 1-bath apartments One renovated vacant unit ready for lease Significant rental upside in residential units Upgraded electrical service Renovated bathroom and updated residential finishes Central fire and safety monitoring system Three separate utility meters Strong value-add investment opportunity Actual income is $91,000 per year with value add to $103,000+ A rare chance to own a cash-flowing mixed-use asset with a stable commercial tenant, renovated residential units, and substantial upside potential for increased income and long-term appreciation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $899,900

AD Id : 80013347

MLS Id : 22616449

Beds : 6

Lot Size : 0.05 Acre

Year Built : --

County : Hudson

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Has Basement: Yes Basement: 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: 06-16401-0000-00072 Tax Lot: 72 Tax Block: 16401 Tax Year: 2025 Annual Tax: $13356

  • Location Information

    Direction: 722 W Side Ave, Jersey City, NJ 07306 WaterSource: Public
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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: 22616449 LISTED BY: George Pavlushkin, RE/MAX Central 732-972-1000 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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