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486 Central Ave, Jersey City, NJ, 07307

--beds
0baths
--sqft
$1,600,000
--price/sqft
$10,699/moest. monthly cost
$427,960/yrincome needed

About This Home

Exceptional mixed-use investment opportunity featuring three total units with strong income potential. This well-maintained property consists of two fully rented residential apartments and one commercial space. The residential portion includes a spacious 3-bedroom, 1-bath apartment and a 2-bedroom, 1-bath apartment, both currently occupied and generating immediate rental income. Both leases are month to month. The ground-level commercial space, previously operated as a bar, is currently vacant and offers endless possibilities for an owner-user or investor looking to establish a new business or lease the space for additional income. Included in the sale is a valuable Type 33 liquor license, adding tremendous value and flexibility to the commercial component of the property. Whether you are looking to expand your investment portfolio or operate your own business while collecting residential rental income, this versatile mixed-use property presents a rare opportunity with existing cash flow and future upside potential. Conveniently located near major transportation, local businesses, and community amenities.

Getting Around

96
WalkingWalker's Paradise
73
TransitExcellent Transit
75
BikeVery Bikeable

Schools

6/10
Christa McAuliffe SchoolGrades PK-80.2 mi

Construction

Materials

  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Heating & Cooling

  • Heating features: Natural Gas,Hot Water
  • Cooling features: Window Unit(s),Gas

Property

Parking

  • Parking features: None