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$ 699,000
Est. payment | /mo
3 Beds
3 Baths
$ 699,000
Est. payment | /mo
3 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260013152
Bedrooms 3
Full Baths 3
HOA Fees $1/mo
Annual Tax Amount $9,365
Property Sub-Type 3 Family
Property Description
Rare Opportunity – Three Units in Journal Square for Under $700,000! Positioned in one of Jersey City's continuously growing neighborhoods, this property presents an exceptional opportunity to acquire a three-family investment property in the heart of Journal Square for less than $700,000. Whether you're a seasoned investor or looking to expand your portfolio, opportunities like this are becoming increasingly difficult to find. The property features three 1-bedroom, 1-bathroom apartments, each with separate utilities, helping minimize operating expenses while maximizing cash flow potential. Combined with low taxes and low carrying costs, this is an attractive long-term hold in a neighborhood experiencing significant transformation. Directly across the street, a newly approved 166-unit residential development is underway, further reinforcing the area's continued growth and investment. As Journal Square and Bergen Lafayette continue to evolve with new residential projects, infrastructure improvements, and increasing demand from both renters and buyers, properties like this are well positioned for future appreciation and rental growth. Located just minutes from the Journal Square PATH Station, Downtown Jersey City, Liberty State Park, and major highways, the property offers outstanding connectivity for commuters traveling to Manhattan and throughout Northern New Jersey. Investment opportunities offering three units in Journal Square at this price point are becoming increasingly scarce. Don't miss your chance to secure an asset in one of Hudson County's most dynamic and rapidly appreciating neighborhoods.
Location
State NJ
County Hudson
Area Jc Journal Square
Rooms
Basement None
Interior
Heating A/C Window, Baseboard, Gas
Cooling A/C Window, Baseboard, Gas
Exterior
Exterior Feature Brick, Stone
Parking Features Other-See Remarks
Listed by PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
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