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About This Home
This 0-bedroom, 0-bathroom commercial at 227 7TH ST in Jc, Downtown, NJ is listed for $1,595,000. on a N/A lot.
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 can be delivered vacant, 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.
Key Features
- 3 stories
Property Details
Monthly Cost Estimate
$8,530/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
227 7TH ST
Jc, Downtown, NJ 07302
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 227 7TH ST is listed at $1,595,000. The estimated monthly payment is $6,912 based on 20% down at 6.5% interest.
Key features include: 3 stories.
This property is listed by ALBERT NGAI and can be reached at 8662016210 or Albert@TheNgaiGroup.com.
