270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
270 1/2 SUMMIT AVE, Jc Journal Square, NJ 07306
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$ 895,000
Est. payment | /mo

6 Beds

3 Baths


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$ 895,000
Est. payment | /mo
Save

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260015856

Bedrooms 6

Full Baths 3

HOA Fees $3/mo

Annual Tax Amount $15,025

Property Sub-Type 3 Family

Property Description

Excellent three-family investment opportunity in the heart of Journal Square, Jersey City! This property features three units: a first-floor 1-bedroom, second-floor 2-bedroom, and third-floor 3-bedroom apartment. The first and third floors have been recently renovated. Currently generating $5,025 in monthly gross rental income ($60,300 annually), with all three units occupied: first floor $1,675/month (lease through September 2027), second floor $1,350/month (lease through July 2027), and third floor $2,000/month (lease through September 2027). Each unit has separate utilities, and large bay windows bring in abundant natural light. Enjoy a long, private backyard offering a peaceful outdoor retreat. Ideally situated on Summit Avenue, within walking distance to the Journal Square PATH station, shops, and restaurants, with convenient access to NYC. An excellent opportunity for investors or owner-occupants seeking rental income and long-term value!

Location

State NJ

County Hudson

Area Jc Journal Square

Rooms

Basement None

Interior

Heating Hot Air, Gas

Cooling Hot Air, Gas

Exterior

Exterior Feature Aluminum/Vinyl

Parking Features None

Listed by THE AGENCY - RUTHERFORD

Nearby Locations

Danielle Federico

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 572-4734

dfedericorealestate@gmail.com

1700 RT-23, Wayne, NJ 07470-7513, USA

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270 1/2 SUMMIT AVE