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Sold for $860,000 on 08/01/24
  • $860,000

    2 Baldwin Ave, Jersey City, NJ 07304

    7beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $884,500 Zestimate®
    $--/sqft
    $2,316 Estimated rent

    What's special

    Captivating real estate opportunity in the heart of the vibrant McGinley Square neighborhood in Journal Square! Take advantage of an ASSUMABLE FHA LOAN worth $460k at a favorable 4.125% interest rate. With the balance of the purchase price required in cash at closing, this presents a fantastic opportunity for savvy investors. Assuming the loan is an option and not a requirement. Spanning three levels, this 7 bed 3 full bath property boasts an expansive 2,900 square feet of living space, offering ample room for comfortable living and potential rental income. Unit 1 features three spacious bedrooms with abundant closet space, a formal living room perfect for gatherings, and a tastefully updated kitchen with granite countertops and stainless steel appliances, including a new dishwasher. Additionally, an extra room provides versatility as a home office, studio, or extra storage, with direct access to the backyard/patio for effortless entertaining. Unit 2 mirrors the spaciousness and comfort, offering three generously-sized bedrooms, a formal living room, a full bathroom, and a spacious kitchen with stainless steel appliances. The garden-level unit has been fully finished with a walk-out private entrance, featuring tiled floors, a full bathroom, and a summer kitchen, ideal for use as a mother-in-law suite. Convenience is key with shared laundry facilities equipped with coin-operated washer/dryer and a walk-in storage closet. High ceilings with recessed lighting and ceiling fans throughout add to the comfort and appeal of the property. Strategically located just 10 minutes from the Holland Tunnel and a short 15-minute walk to the Journal Square Path Train, enjoy a quick 30-minute door-to-door commute to NYC. With the Bergen Lafayette Light Rail, Liberty State Park, and Downtown Jersey City at your doorstep, convenience and accessibility are unparalleled. Property will be delivered vacant at closing, presenting an excellent opportunity for immediate occupancy with market rate rental income. Don't miss out on this incredible chance to invest in a prime location with endless potential! Request your tour today before it’s too late!

    Zillow last checked: 7 hours ago

    Listing updated: April 29, 2024 at 07:36am

    Listed by:

    IAN CRAMSEY,

    HOWARD HANNA RAND REALTY 201-420-4200

    Bought with:

    , 0677470

    COLDWELL BANKER REALTY

    Source: HCMLS,MLS#: 240004156

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Radiators
    Cooling
    • Window Unit(s)
    Features
    • Basement: Finished,Full,Walk-Out Access

    Property

    Parking
    • Parking features: See Remarks
    Details
    • Parcel number: 0615302000000017
    • Land lease expiration date: 1714348800000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial,Multi Level
    Materials
    • Aluminum Siding, Brick

    Community & neighborhood

    Location
    • Region: Jersey City
    Services availability
    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

    $884,500

    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

    $884,500