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3-Three Story

107 Oak St

Jersey City, NJ 07304

MLS#: 4038838

$725,000

Status: Active
Listing number: 4038838
Listing provided by: TABULA RASA R.E. LLC
Listing agent phone: None
Last update: a month ago
On site: a month ago
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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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(973) 945-9979

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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!

107 Oak St

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