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For sale
  • $1,595,000

    227 7th St, Jersey City, NJ 07302

    4beds
    --sqft
    : 
    $11,089/mo
    Get pre-qualified
    MultiFamily
    Built in ----
    -- sqft lot
    $1,570,900 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Commercial restaurant spaceTwo spacious residential unitsFull kitchen setup
    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.
    279 days
    |
    842
    |
    36
    |

    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

        $1,570,900

        $1.49M - $1.65M

        $2,703/mo

        Price history

        DateEventPrice
        5/2/2025Listed for sale$1,595,000+105.8%
        Source: HCMLS #250008653 Report a problem
        8/3/2018Listing removed$2,100
        Source: Zillow Rental Network Report a problem
        5/23/2018Listed for rent$2,100
        Source: Zillow Rental Network Report a problem
        8/1/2005Sold$775,000+46.2%
        Source: Public Record Report a problem
        6/24/2004Sold$530,000+211.8%
        Source: Public Record Report a problem
        10/15/1997Sold$170,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        98 / 100
        Walker's Paradise
        81 / 100
        Excellent Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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