227 7TH ST Open House Save Request In-Person Tour Request Virtual Tour
Jc Downtown,NJ 07302
OPEN HOUSE
Sun May 04, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250008653
Bedrooms 4
Full Baths 2
HOA Fees $2/mo
Annual Tax Amount $18,565
Tax Year 2024
Property Sub-Type 3 Family
Property Description
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 will be vacated soon, 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.
Location
State NJ
County Hudson
Area Jc Downtown
Rooms
Basement Unfinished
Interior
Heating A/C Window,Baseboard,Electric
Cooling A/C Window,Baseboard,Electric
Exterior
Exterior Feature Brick
Parking Features 1 Car,Garage