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Pending
  • $899,900

    722 W Side Avenue, Jersey City, NJ 07306

    6beds
    4,400sqft
    : 
    $6,231/mo
    Get pre-qualified
    Multiple Buildings
    Built in ----
    -- sqft lot
    $892,100 Zestimate®
    $205/sqft
    $-- HOA

    What's special

    Updated residential finishesRenovated bathroom
    Mixed-Use Investment Opportunity - Fully Occupied Pizzeria Building with Significant Upside Excellent opportunity to acquire a well-maintained mixed-use building featuring one established retail space and two large residential apartments in a strong rental market. The ground-floor retail unit is occupied by a successful pizzeria generating $3,600 per month with 3% annual rent increases, while contributing 70% of the building's water expense, providing stable and growing income. The residential portion consists of two spacious 3-bedroom, 1-bath apartments. One unit has been recently renovated and is currently vacant, offering immediate leasing potential with projected rent of $2,500+ per month. The second apartment is currently rented at $1,584 per month with an estimated market rent of approximately $2,700 per month, creating substantial value-add potential for investors. The property has seen numerous improvements, including upgraded electrical service, a renovated bathroom, and updated residential finishes. The building is connected to a central fire and safety monitoring system and features three separate utility meters. Heat is currently paid by the landlord. With strong in-place income, an established commercial tenant, and significant rental upside in the residential units, this property offers investors the opportunity to increase cash flow and maximize returns over time. Property Highlights Mixed-use building with 1 commercial unit and 2 residential units Established pizzeria tenant paying $3,600/month 3% annual commercial rent escalations Commercial tenant pays 70% of water expense Two spacious 3-bedroom, 1-bath apartments One renovated vacant unit ready for lease Significant rental upside in residential units Upgraded electrical service Renovated bathroom and updated residential finishes Central fire and safety monitoring system Three separate utility meters Strong value-add investment opportunity Actual income is $91,000 per year with value add to $103,000+ A rare chance to own a cash-flowing mixed-use asset with a stable commercial tenant, renovated residential units, and substantial upside potential for increased income and long-term appreciation.
    77 days
    |
    39
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    George Pavlushkin 732-984-8300,

    RE/MAX Central

    Source: MoreMLS,MLS#: 22616449MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Baseboard
      Cooling
      • Multi Units
      Features
      • Basement: Full
      Interior area
      • Total structure area: 4,400
      • Total interior livable area: 4,400 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 3
      Lot
      • Size: 2,178 Square Feet
      • Dimensions: 20 x 100.46
      Details
      • Parcel number: 0616401000000072

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multiple Buildings
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Jersey City

      Financial & listing details

      • Price per square foot: $205/sqft
      • Annual tax amount: $13,356
      • Date on market: 6/3/2026
      • Exclusions: Tenants and business belongings
      • Tenant pays: Water, Sewer, Gas, Electricity

        Estimated market value

        $892,100

        $847,000 - $937,000

        $2,335/mo

        Price history

        DateEventPrice
        6/25/2026Pending sale$899,900$205/sqft
        Source: MoreMLS #22616449 Report a problem
        6/3/2026Listed for sale$899,900$205/sqft
        Source: MoreMLS #22616449 Report a problem
        8/18/2011Listing removed$1,350
        Source: RealRentals.com Report a problem
        6/14/2011Listed for rent$1,350
        Source: RealRentals.com Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: West Side

        Getting around

        93 / 100
        Walker's Paradise
        66 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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