442 West Side Ave, Jc, West Bergen, NJ 07304

Property Description

For the first time in nearly five decades, 442 West Side Avenue in the heart of Jersey City's West Bergen neighborhood is on the market — and it's one of the most compelling mixed-use development opportunities to hit this corridor in years. Home to the beloved Elio's Bakery for over 46 years, this property sits on an oversized 27x113 lot zoned NC-1, which permits a ground-floor retail space with up to four additional stories of residential apartments above — making the highest and best use of this site a full five-story mixed-use building that maximizes both rental income and long-term asset value. The sale includes the entire building and all bakery contents, appliances, fixtures, and equipment, along with a three-car rear garage that can generate supplemental income while the new owner pursues city approvals for redevelopment. The existing structure features a full basement for storage, a walk-in refrigerator, and a dumbwaiter accessible from all three current stories, including two stories of a mix of ovens, stoves, and so much more — offering a turnkey path to reopen as a fully operational bakery in the interim or lease the ground floor to a commercial tenant while building out the residential upside above. Sold completely as-is, this is a rare chance to acquire a legacy property with real development upside in one of Jersey City's most established neighborhoods. Inquire today for a private tour.