Cervelli Real Estate & Property Management Arranges $1.2 Million Mixed-Use Sale in Jersey City

JERSEY CITY, N.J. — July 24, 2026 — Cervelli Real Estate & Property Management has completed the sale of 569 West Side Avenue, a fully occupied mixed-use investment property, for $1,200,000.

Located in the heart of Jersey City’s West Side Avenue shopping district, the property consists of four residential apartments above one ground-floor retail space. The asset was 100% occupied at closing and offered stable in-place cash flow, with additional upside through future rental growth.

The property was acquired in an all-cash transaction by a private family office, marking the buyer’s second investment acquisition through Cervelli Real Estate & Property Management in 2026. The seller was a long-time repeat client of the firm, underscoring the lasting relationships the company has built with both buyers and sellers throughout Northern New Jersey.

“Our business has always been built on long-term relationships,” said Christopher Cervelli, CCIM, Broker at Cervelli Real Estate & Property Management. “We’re grateful for the continued confidence our clients place in us and are pleased to have helped another repeat buyer and seller achieve their investment objectives.”

If you’re considering buying or selling a multifamily or mixed-use investment property in Hudson County or Northern New Jersey, Cervelli Real Estate & Property Management welcomes the opportunity to discuss your investment goals.

About Cervelli Real Estate & Property Management

Cervelli Real Estate & Property Management specializes in the sale and management of multifamily, mixed-use, retail, industrial, and office properties throughout Northern New Jersey, drawing on decades of market experience and an extensive investor network.