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$1,595,000
Property Description
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.
Full Property Details
Full Property Details for 227 7th St
General
- Price: $1,595,000
- Taxes: $18,565 (2024)
- Status: Active
- Type: Multi-Family
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250021485
- Updated: 10/16/2025
- Added to Site: 95 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Level 3 - Full Baths: 1
- Level 2 - Full Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms-L3: 2
- Bedrooms-L2: 2
Other Rooms
- Living Rooms: 2
- Living Room-L3: 1
- Living Room-L2: 1
- Kitchens: 2
- Kitchens-L3: 1
- Kitchens-L1: 1
- Dining Rooms: 2
- Dining Rooms-L3: 1
- Dining Rooms-L2: 1
Location
- Area: JC, Downtown
- County: Hudson
- Driving Directions: Corner of Erie & 7th St
Heating & Cooling
- Heating/Cooling: A/C Window, Baseboard, Electric
Structural Information
- Architectural Style: Multi-Level
- Exterior Const.: Brick
- Basement Desc.: Unfinished
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $18,565
- Tax Year: 2024
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Exp Realty Llc (866) 201-6210
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Schools
Schools serving 227 7th St
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Rafael De J. Cordero No. 37 Elementary School 158 Erie Street, Jersey City, NJ 07302 | PK-8 | 0.1 mi |
James J. Ferris High School 35 Colgate Street, Jersey City, NJ 07302 | 9-12 | 0.6 mi |
William L. Dickinson High School 2 Palisade Avenue, Jersey City, NJ 07306 | 9-12 | 0.6 mi |
Lincoln High School 60 Crescent Avenue, Jersey City, NJ 07304 | 9-12 | 1.5 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 7th St
Date
Details
Price
Change
Source
10/16/2025
Listed
$1,595,000
105.81%
MLS
4/27/2005
Sold
$775,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 227 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,565
5%
$831,400
—
2022
$17,609
32%
$831,400
—
2021
$13,336
—
$831,400
—
2020
$13,386
5%
$831,400
—
2019
$12,804
341%
$831,400
326%
2018
$2,902
-81%
$195,000
—
2017
$15,210
65%
$195,000
62%
2016
$9,241
3%
$120,000
—
2015
$8,978
—
$120,000
—
2013
$8,959
—
$120,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 7th St
227 7th St, Jersey City, NJ 07302 (MLS# 250021485) is a Multi-Family property with units containing 4 bedrooms and 2 full bathrooms. 227 7th St is currently listed for $1,595,000 and was received on October 16, 2025. Want to learn more about 227 7th St? Do you have questions about finding other Multi-Family real estate for sale in Downtown? You can browse all Downtown real estate or contact a Coldwell Banker agent to request more information.
