2 Broadway, Jc, Journal Square, NJ 07306

List Price

Property Description

This 9 unit mixed-use building is comprised of 3 street level retail units and 6 two bedroom residential units. Solid brick construction with limestone ornamentation, the building is located on a highly trafficked commercial corridor and is only a 9 minute walk to the Journal Square PATH station. The three retail spaces are currently used as restaurants and are under multi year leases with built-in annual rent increases. The 6 residential units on the two floors above are all 2 bedroom 1 bathroom with box-layout. All are separately metered for utilities. There are also 2 billboards on the building top which provide for additional income. Located on a corner, the building fully covers the lot and has windows on 3 sides which allow for lots of light to fill the residential units. There is lots of upside potential. Located in prime Journal Square, this is a great opportunity for those looking to invest in a rapidly booming area with lots of upside potential for both income and asset appreciation.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than our company are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is deemed reliable but not guaranteed.