Welcome to 32 Claremont Ave, a meticulously restored Victorian gem that presents a lucrative opportunity for both savvy investors and discerning primary buyers looking to enjoy the benefits of passive income. This exquisite 3-family residence stands proudly on an above-standard lot, measuring an impressive 36x100 feet. Boasting a generous 4,660 square feet of interior space, this spacious home is a solid income-producing property with a compelling CAP rate. The well-designed layout includes three separate units, each with ample living space and thoughtful features to attract tenants. The property's financial appeal is further enhanced by a large basement offering four private storage rooms. Currently, the garage and two additional storage rooms in the basement are already generating income, renting at a rate of $250. The garage also provides extra open storage space. Practicality meets convenience with separate utilities for each unit, ensuring a hassle-free and efficient management structure. Hardwood floors grace all three units, providing a timeless and elegant aesthetic throughout. In-unit washer/dryers add a modern touch of convenience, while the first and third-floor units are equipped with dishwashers for added ease. Step outside and discover a large paved backyard, perfect for outdoor gatherings or a tranquil retreat. A one-car parking garage adds to the convenience of city living, offering a coveted and secure space for your vehicle. This prime location ensures an excellent commuting experience, with proximity to the Liberty State Park light rail, NYC express bus, and the Turnpike. Whether you're an investor seeking a robust income property or a homeowner looking for a residence with added financial benefits, 32 Claremont Ave welcomes you to a unique blend of Victorian charm and modern practicality. Don't miss the chance to make this property your own and enjoy the best of both worlds.
Sold for $905,000 on 04/19/24
$905,000
32 Claremont Ave, Jersey City, NJ 07305
8beds
--sqft
MultiFamily
Built in ----
-- sqft lot
$940,500 Zestimate®
$--/sqft
$3,228 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 24, 2024 at 03:16pm
Listed by:
MEENAKSHI SHARMA,
KELLER WILLIAMS REAL ESTATE GREATER BRUNSWICK 908-751-7721
Bought with:
, 1536419
GROUP TWENTY SIX LLC
Source: HCMLS,MLS#: 240001105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiators
Features
- Basement: Finished,Full
Property
Parking
- Parking features: 1 Car, Garage
- Has garage: Yes
Details
- Parcel number: 42118
- Land lease expiration date: 1713916800000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
Materials
- See Remarks
Community & neighborhood
Location
- Region: Jersey City
Services availability
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Estimated market value
$940,500
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
$940,500