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.
For sale
$1,595,000
227 7th St, Jersey City, NJ 07302
4beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$1,583,100 Zestimate®
$--/sqft
$-- HOA
What's special
Commercial restaurant spaceTwo spacious residential unitsFull kitchen setup
- 327 days
- 1,106
- 53
Zillow last checked:
Listing updated:
Listed by:
ALBERT M NGAI 917-518-1588,
EXP REALTY LLC 866-201-6210
Source: HCMLS,MLS#: 250021485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Features
- Basement: Unfinished
Property
Parking
- Parking features: 1 Car, Garage
- Has garage: Yes
Details
- Parcel number: 0611203000000015
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
Materials
- Brick
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $831,400
- Annual tax amount: $18,565
- Date on market: 10/16/2025
Estimated market value
$1,583,100
$1.50M - $1.66M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Listed for sale | $1,595,000+105.8% |
Source: HCMLS #250008653 Report a problem | ||
| 8/3/2018 | Listing removed | $2,100 |
Source: Zillow Rental Network Report a problem | ||
| 5/23/2018 | Listed for rent | $2,100 |
Source: Zillow Rental Network Report a problem | ||
| 8/1/2005 | Sold | $775,000+46.2% |
Source: Public Record Report a problem | ||
| 6/24/2004 | Sold | $530,000+211.8% |
Source: Public Record Report a problem | ||
| 10/15/1997 | Sold | $170,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,565 | $831,400 |
| 2024 | $18,565 -0.6% | $831,400 |
| 2023 | $18,682 +40.1% | $831,400 |
| 2022 | $13,336 | $831,400 |
| 2021 | $13,336 +4.2% | $831,400 |
| 2020 | $12,804 +3.5% | $831,400 |
| 2019 | $12,371 -18.7% | $831,400 |
| 2018 | $15,210 +1.3% | $831,400 +326.4% |
| 2017 | $15,017 +2.9% | $195,000 +62.5% |
| 2016 | $14,590 +63.5% | $120,000 |
| 2015 | $8,921 | $120,000 |
Find assessor info on the county website
Monthly payment
Est. payment









