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$ 1,399,000
Est. payment | /mo
2.5 Baths
$ 1,399,000
Est. payment | /mo
2.5 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260010348
Full Baths 2
Half Baths 1
Annual Tax Amount $13,410
Lot Dimensions 12.5X50
Property Sub-Type Investment
Property Description
Rarely does a corner brownstone this well-positioned come to market with income already in place. This quaint two-bedroom, two-bath residence occupies the upper floors of a classic corner building just two blocks from Hamilton Park — one of Downtown Jersey City's most beloved green spaces and the heartbeat of a neighborhood that continues to attract national attention. The intimate, thoughtfully scaled rooms carry the warmth of a home that feels curated rather than oversized, with in-unit combo washer/dryer adding everyday convenience. Below, the recently updated commercial space is home to an established, fully occupied restaurant tenant that has quickly become a neighborhood favorite. The tenant covers all utilities except gas, providing an investor-friendly structure that reduces carrying costs from day one. This property serves three buyers well. The condo shopper finds comparable square footage and authentic brownstone character with a commercial unit working for them. The multi-family buyer new to mixed-use will discover that a long-term commercial tenant offers stability and cost protections residential units rarely match. The investor needs only look at the location — Hamilton Park, steps from the Grove Street PATH, embedded in a walkable dining corridor that continues to appreciate. The residential unit is vacant, offering a clean slate for the owner-occupant or incoming tenant. Brownstone ownership. Corner lot. Built-in income. Two blocks from the park.
Location
State NJ
County Hudson
Area Jc Downtown
Listed by COLDWELL BANKER RESIDENTIAL BROKERAGE
Nearby Locations
28 Valley Road Suite 1, Montclair, Jersey 07042, United States