Prime Investment Opportunity in Jersey City's Booming Bergen Lafayette Neighborhood!
Corner 4-Family Brownstone with Carriage House
Welcome to this exceptional investment opportunity in Jersey City's highly sought-after Bergen Lafayette neighborhood. This stunning corner 4-family brownstone, complete with a grandfathered carriage house, offers immense potential for renovation and rental income.
Key Features:
- Condo conversion plans included: Unlock the potential for individual unit sales.
- Gutted interior: Excluding the 1st-floor unit, which is occupied by a tenant.
- Renovated carriage house studio:( Behind the building on the property lot)
A charming additional income stream.
- Prime location: Walking distance to downtown Jersey City, Liberty State Park, light rail, and marina.
- Proximity to amenities: Liberty Science Center, restaurants, shops, and Berry Park Lane.
Investment Highlights:
- Rent control status: Maintained due to the property's registered 4-family dwelling status.
- 5 units in total: Maximizing rental income potential.
- BOOMING neighborhood: Capitalize on Jersey City's rapid growth and development.
Don't miss this rare opportunity to own a piece of Jersey City's history and secure a promising investment for the future.
For sale
$2,000,000
355 Communipaw Ave, Jersey City, NJ 07304
8beds
--sqft
Est.:
MultiFamily
Built in 1895
-- sqft lot
$1,961,600 Zestimate®
$--/sqft
$-- HOA
What's special
Renovated carriage house studioCarriage house
- 77 days
- on Zillow |
- 282 |
- 11 |
- Loading
- Loading