321-5 PAVONIA AVE, Jc Downtown, NJ 07302
321-5 PAVONIA AVE, Jc Downtown, NJ 07302
321-5 PAVONIA AVE, Jc Downtown, NJ 07302
321-5 PAVONIA AVE, Jc Downtown, NJ 07302
321-5 PAVONIA AVE, Jc Downtown, NJ 07302
321-5 PAVONIA AVE, Jc Downtown, NJ 07302
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$ 1,399,000
Est. payment | /mo

2.5 Baths


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$ 1,399,000
Est. payment | /mo
Save

2.5 Baths

Open House

Tue Jun 09, 5:00pm - 7:00pm

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
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+1(973) 337-6475

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209 Cooper Avenue, Montclair, New Jersey, 07043, USA

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321-5 PAVONIA AVE