**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate market in the area. Copyright Hudson County MLS. All rights reserved. Information is deemed reliable but not guaranteed.
Active
$1,077,300
182 Summit Ave, Jersey City, NJ 07304
12beds
--sqft
Condominium
Built in ----
-- sqft lot
$1,077,300 Zestimate®
$--/sqft
$2,326 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 18, 2024 at 12:14am
Source: StreetEasy,MLS#: S1711941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 16
- Full bathrooms: 6
- 1/2 bathrooms: 10
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 0615302000000014
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Community & neighborhood
Location
- Region: Jersey City
- Subdivision: Bergen/Lafayette
Services availability
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Estimated market value
$1,077,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,077,300