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For sale
  • Price cut: $275K (6/11)
    $1,600,000

    486 Central Ave, Jersey City, NJ 07307

    --beds
    0baths
    --sqft
    : 
    $11,200/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $1,563,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Ground-level commercial space
    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.
    79 days
    |
    170
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ANTHONY ZITO 201-445-4300,

    KELLER WILLIAMS VILLAGE SQUARE REALTY 201-445-4300

    Source: HCMLS,MLS#: 260009579

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Natural Gas, Hot Water
      Cooling
      • Window Unit(s), Gas
      Features
      • Basement: None

      Property

      Parking
      • Parking features: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding

      Community & HOA

      Location
      • Region: Jersey City

      Financial & listing details

      • Annual tax amount: $10,444
      • Date on market: 5/19/2026

        Estimated market value

        $1,563,800

        $1.49M - $1.64M

        $2,936/mo

        Price history

        DateEventPrice
        6/11/2026Price change$1,600,000-14.7%
        Source: HCMLS #260009579 Report a problem
        5/19/2026Listed for sale$1,874,999
        Source: HCMLS #260009579 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: The Heights

        Getting around

        96 / 100
        Walker's Paradise
        73 / 100
        Excellent Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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