Presenting a remarkable investment opportunity! This income-producing two-family home, complete with a bonus basement unit, offers both immediate returns and long-term potential. Featuring one designated parking space and a spacious backyard, this property has been thoughtfully renovated in 2022 with a new roof, siding, modern appliances, updated wiring, plumbing, solar panels, and recessed lighting.
Unit 1 boasts 2 well-sized bedrooms, formal living and dining rooms, a full bath, and a generous kitchen, while the bonus basement unit—currently leased alongside Unit 1—includes 2 additional bedrooms, a full bath, and an open-concept kitchen, living, and dining area.
Unit 2 offers 3 bedrooms, a den, a full bath, a spacious kitchen, and a large living area, providing an excellent living space for tenants. Each unit benefits from separate hot water heaters, furnaces, electrical systems, and gas meters. Located just minutes from transportation to NYC, this property is ideally positioned for convenience and growth. The possibilities for use and rental income are limitless!
Sold for $705,000 on 05/16/25
$705,000
224 Bayview Ave, Jersey City, NJ 07305
7beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$659,700 Zestimate®
$--/sqft
$2,853 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 17, 2025 at 06:03am
Listed by:
ANTONIQUE HODGE,
CORCORAN SAWYER SMITH 201-653-8000
Bought with:
, 2331849
AMERICAS ELITE GROUP LLC
Source: HCMLS,MLS#: 250003293
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Electric, Natural Gas, Radiators
Cooling
- Window Unit(s), Electric, Gas
Features
- Basement: Finished,Full
Property
Parking
- Parking features: 1 Car
Details
- Parcel number: 0623404000000044
- Land lease expiration date: 1747440000000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi Level
Materials
- Aluminum Siding
Community & neighborhood
Location
- Region: Jersey City
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$659,700
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
$659,700