Great Investment Opportunity in Jersey City's Bergen-Lafayette Section!
Presenting a fantastic multi-family home in the highly desirable Bergen-Lafayette neighborhood of Jersey City. This property is currently configured as seven 1-bedroom units, each with some modern upgrades and renovations, including updated utilities. While the property does require some finish work and repairs, it offers enormous upside potential for the right buyer.
Situated in a rapidly developing area, this home benefits from being in close proximity to local parks, schools, shops, and restaurants. The Bergen-Lafayette section is known for its vibrant community, diverse culture, and convenient access to public transportation, making it a prime location for renters and homeowners alike. The neighborhood is experiencing significant growth, which adds great value to this investment opportunity.
Please note that the buyer will be responsible for completing the necessary city approvals to ensure the legal usage of the units. However, with the right vision and investment, this property can be transformed into a highly profitable asset.
Don't miss out on this incredible opportunity to own a piece of Jersey City's future. Schedule a showing today!
For sale
Price cut: $40K (7/9)
$925,000
529 Communipaw Ave, Jersey City, NJ 07304
7beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$928,300 Zestimate®
$--/sqft
$-- HOA
What's special
Updated utilitiesModern upgrades and renovations
- 83 days
- on Zillow |
- 350 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 08:57am
Listed by:
MICHAEL MORRIS,
VYLLA HOME 856-206-0413
Source: HCMLS,MLS#: 240024247
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas
Features
- Basement: Unfinished
Property
Parking
- Parking features: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Townhouse
Materials
- Aluminum Siding, Stucco
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Tax assessed value: $551,200
- Annual tax amount: $12,286
- Date on market: 4/28/2025
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