Jersey City NJ 07306
Photos
1 / 4057 days on market · Listed June 3, 2026
About
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.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- Multi Units
Features
- Basement: Walk-Out Access, Full
Interior area
- Total interior livable area: 4,300 sqft
Virtual tour
Property
Parking
- Garage spaces: 1
- Has garage: Yes
Features
- Stories: 3
Lot
- Size: 1,306.8 sqft (0.03 acres)
- Dimensions: 17.2 x 83
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: $209/sqft
- Annual tax amount: $11,873
- Date on market: 6/3/2026
- MLS#: 22616451
Why you'll love in Heights, Jersey City, NJ
is a 6-bedroom, 4-bathroom multi-family home for sale in Heights, Jersey City, NJ. It offers approximately 4,300 square feet of living space. It is offered at $899,900, MLS# 22616451.
Inside, features 3 stories, a walk-Out Access and Full basement, baseboard heat and multi Units cooling. For parking, the property offers a 1-car garage. It sits on a lot of roughly 1,307 square feet (about 0.03 acres).
Heights offers convenient access to shopping, schools, parks, dining, and everyday essentials. Annual property taxes are approximately $11,873. To tour 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.
MLS# 22616451. 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.
