Property
Beds
6
Full Baths
3
1/2 Baths
None
Year Built
1925
Sq.Footage
2,160
Exceptional value-add investment opportunity in Jersey City's desirable West Bergen section! This fully occupied 3-family features three spacious 2-bedroom, 1-bath apartments and offers immediate rental income with significant long-term upside. Current rents are $1,800, $1,650, and $1,650 per month, providing an excellent opportunity for future income growth through strategic improvements and lease turnover, subject to applicable leases and local regulations. Comparable renovated 2-bedroom apartments in the area command substantially higher rents.Offered at $725,000, this property is competitively priced, with recently renovated homes on the same block selling for significantly higher prices, highlighting the neighborhood's continued reinvestment and strong demand.Conveniently located near the Hudson-Bergen Light Rail, Journal Square PATH, NJ Transit bus routes, major highways, shopping, parks, schools, and providing an easy commute to New York City. An excellent opportunity for investors, 1031 exchange buyers, or those looking to add a quality multifamily asset in one of Jersey City's established and evolving neighborhoods. Schedule your private showing today!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
3
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Electric, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.04
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
3-Three Story
Price
-
Sales Price
$725,000
-
Tax Amount
$6,204
-
Sq. Footage
2,160
-
Price/SqFt
$335
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
NUMBER 34
-
Middle School
N/A
-
High School
LINCOLN
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Hudson
Elementary School
NUMBER 34
Middle School
High School
LINCOLN
Listing Courtesy of None , TABULA RASA R.E. LLC
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FOUNDER
Patrick Bolger
Call Patrick today to schedule a private showing.
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