722 Side Avenue, Jersey City NJ 07306
Photos
1 / 5057 days on market · Listed June 3, 2026
About 722 Side Avenue
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.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard
Cooling
- Multi Units
Features
- Basement: Full
Interior area
- Total interior livable area: 4,400 sqft
Virtual tour
Property
Parking
- Garage spaces: 0
- Has garage: No
Features
- Stories: 3
Lot
- Size: 2,178 sqft (0.05 acres)
- Dimensions: 20 x 100.46
Details
- Parcel number: 06-16401-0000-00072
Construction
Type & style
- Home type: Multi-Family
- Property subtype: Multiple Buildings
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Price per square foot: $205/sqft
- Annual tax amount: $13,356
- Date on market: 6/3/2026
- MLS#: 22616449
Why you'll love 722 Side Avenue in Heights, Jersey City, NJ
722 Side Avenue is a 6-bedroom, 1-bathroom multi-family home for sale in Heights, Jersey City, NJ. It offers approximately 4,400 square feet of living space. It is offered at $899,900, MLS# 22616449.
Inside, 722 Side Avenue features 3 stories, a full basement, baseboard heat and multi Units cooling. It sits on a lot of roughly 2,178 square feet (about 0.05 acres).
Heights offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $13,356. To tour 722 Side Avenue in Heights, contact Neuhaus Realty — a family-run agency since 1969, now serving Monmouth & Ocean from our Red Bank office — to schedule a private showing.
Location
MLS# 22616449. Listing courtesy of RE/MAX Central. Listing information is provided by the Monmouth Ocean Regional MLS. Listing data is deemed reliable but is not guaranteed accurate by the MLS.
