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227 7th St, Jersey City, NJ, 07302

4beds
2baths
--sqft
$1,595,000
--price/sqft
$11,269/moest. monthly cost
$450,760/yrincome needed

About This Home

Prime Mixed-Use Investment Opportunity Near Hamilton Park! Unlock the potential of this strategically located mixed-use property with a private garage, featuring two spacious residential units above a commercial restaurant space. This property offers a strong foundation with built-in cash flow and significant upside for investors or owner-occupied buyers. Improve the units, raise the rents and capitalize on a prime location with high tenant demand. The ground floor commercial space is currently occupied by a well-established restaurant and includes a full kitchen setup. Above, you'll find two well-laid-out 2-bedroom, 1-bath residential units. Unit 2 is currently vacant, offering immediate upside for new tenants or potential owner-occupancy. Unit 3 can be delivered vacant, opening the door to increased rental income through renovation. Situated just around the corner from Hamilton Park and within walking distance to Newport Mall, Grove and Newport PATH stations. Close proximity to a vibrant selection of shops, dining, and public transit options.

Getting Around

98
WalkingWalker's Paradise
81
TransitExcellent Transit
77
BikeVery Bikeable

Schools

Construction

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Multi Level

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: Window Unit(s),Electric

Property

Details

  • Parcel number: 0611203000000015

Parking

  • Parking features: 1 Car,Garage
  • Has garage: Yes