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Sold for $720,000 on 09/27/24
  • $720,000

    264 Fairmount Ave, Jersey City, NJ 07306

    4beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $738,500 Zestimate®
    $--/sqft
    $3,180 Estimated rent

    What's special

    GREAT INVESTMENT OPPORTUNITY in Journal Square! 3 Unit Mixed Use - 2 residential units over commercial. Located in Redevelopment Zone and Cannabis Retailer Zone. All units are vacant. The commercial unit is perfect for any type of business with exposed brick, ½ bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters. Property lot size is 22 x 103. One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Proposed plans included in docs. Sold with plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Plans are not fully approved.

    Zillow last checked: 7 hours ago

    Listing updated: September 27, 2024 at 06:37am

    Listed by:

    IAN CRAMSEY,

    HOWARD HANNA RAND REALTY 201-420-4200

    Bought with:

    , 2299156

    AMERICAS ELITE GROUP LLC

    Source: HCMLS,MLS#: 240003604

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Baseboard
    Cooling
    • Central Air
    Features
    • Basement: Full

    Property

    Parking
    • Parking features: See Remarks
    Details
    • Land lease expiration date: 1727395200000

    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

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $738,500

    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

    $738,500