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Jersey City NJ 07306 US

$899,900

Active Listing ID 22616451
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6 bed
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4.00 Bath (4 Full , 1 Half)
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Lot: 0.03 Acres
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Other

$899,900

Active Listing ID 22616451
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Prime Journal Square Mixed-Use Investment Opportunity Exceptional mixed-use investment property located in the highly sought-after Journal Square section of Jersey City, directly across from Lincoln Park, offering strong in-place cash flow with significant upside potential. This income-producing asset features two commercial spaces and two residential apartments, making it an ideal addition to any investor's portfolio. The commercial component consists of a well-established deli/superhero retail store generating $1, 575 per month plus 40% of the building's water expense, along with a separate garage/office space leased to a contractor for $1, 500 per month. The contractor's space includes a full bathroom, creating flexibility for a variety of commercial uses. The residential portion includes two spacious 3-bedroom, 1-bath apartments, currently rented at $1, 600 and $1, 575 per month, respectively. Both units offer substantial upside with projected market rents of approximately $2, 500 per month each, providing investors with an excellent value-add opportunity. Additional highlights include a walkout basement, recently replaced separate utility systems, and a desirable location near parks, transportation, shopping, restaurants, and major commuter routes. Situated directly across from Lincoln Park and minutes from Journal Square PATH, this property benefits from strong tenant demand and long-term appreciation potential. Property Highlights Mixed-use building with 2 commercial spaces and 2 residential units Deli/superhero retail tenant paying $1, 575/month plus 40% of water expense Separate garage/office space leased for $1, 500/month Full bathroom in garage/office commercial space Two 3-bedroom, 1-bath residential apartments Strong rental upside with projected rents of $2, 500/month per unit Walkout basement Separate utilities recently replaced Directly across from Lincoln Park Prime Journal Square location Excellent value-add investment opportunity Rent roll $74, 000 per year with value add for $95, 000 per year With stable existing income, multiple revenue streams, and significant rental growth potential, this property presents a rare opportunity to acquire a strategically located mixed-use asset in one of Jersey City's most desirable and rapidly growing neighborhoods.

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Property Features

  • Facts
  • Lot Size: 0.03 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • 1/2 Bathrooms: 1
  • Cooling System: Multi Units
  • Heating Fuels: Baseboard
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 899900
  • postalcity: Jersey City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07306
  • bathroomsfull: 4
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.03
  • lotsizeunits: Acres
  • lotsizearea: 0.03
  • livingarea: 4300
  • livingareaunits: Square Feet
  • listagentfullname: George Pavlushkin
  • listagentemail: george@elitesellsit.com
  • listagentkey: 3yd-MOMLSNJ-35758
  • listagentmlsid: 35758
  • listagentpreferredphone: 7329721000
  • listagentofficephone: 7329721000
  • listofficekey: 3yd-MOMLSNJ-1146
  • listofficemlsid: 1146
  • disclaimer: Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • listingcontractdate: 2026-06-03
  • listagentfax: 7329721101
  • listagenturl: https://www.GeorgePavlushkin.com
  • countyorparish: Hudson
  • cooling: Multi Units
  • heating: Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Basement, Bathroom 1
  • basement: Full, Walk-Out Access
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Rimos International Inc DBA Re/Max Central", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"george@elitesellsit.com", "ListBrokerageCity":"Manalapan", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jfox@remax.net", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Rimos International Inc DBA Re/Max Central", "ListBrokeragePhone":"(732) 972-1000", "ListBrokeragePostalCode":"07726", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"520 Route 9", "ListBrokerageWebsiteUrl":"http://www.realtorcentralnj.com/", "ListOfficeAddress1":"520 HWY 9 N ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1146", "ListOfficeCity":"Manalapan", "ListOfficeCountry":"US", "ListOfficeEmail":"kellyaraggio@gmail.com", "ListOfficePostalCode":"07726", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Jersey City, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/Jersey-City_NJ_07306_M95536-99286?f=listhub&s=MOMLSNJ&m=22616451&c=rexren", "MLSModificationTimestamp":"2026-06-03 08:01:23", "Neighborhoods":[{"Description":null, "Name":"Heights"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11873, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/3/2026 8:52:11 AM GMT
Source Updated Date: 6/8/2026 1:00:21 AM GMT

Courtesy of: George Pavlushkin, RE/MAX Central, george@elitesellsit.com

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.