355 COMMUNIPAW AVE Active

Jc Bergen-lafayett,NJ 07304

$ 2000000

8 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250005929

Bedrooms 8

Full Baths 5

HOA Fees $2/mo

Year Built 1895

Annual Tax Amount $19,951

Tax Year 2023

Lot Dimensions 20.5X111.5

Property Sub-Type 4 Family

Property Description

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.

Location

State NJ

County Hudson

Area Jc Bergen-Lafayette

Rooms

Basement None

Interior

Heating Other-See Remarks

Cooling Other-See Remarks

Exterior

Exterior Feature Block,Brick,Stone

Parking Features 1 Car

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