229 7th St - Apartments FOR SALE


Jersey City, NJ 07302- Downtown Jersey City
$1,399,000 USD
201-450-2508
229 7th St, Jersey City, NJ for Sale
$1,399,000 USD
Apartments - FOR SALE
1/49
null | Request Cap Rate

229 7th St
Jersey City, NJ 07302
Downtown Jersey City


OVERVIEW

Prime Downtown Jersey City Three-Family: Investment or Dream Home! Ideally located around the corner from Hamilton Park and around the corner from both the Newport and Grove St PATH stations. This versatile three-family house in the heart of Downtown Jersey City offers a unique opportunity for investors and homeowners alike. Homeowners: Envision yourself living in the spacious two-floor apartment enjoying your own private deck and backyard, while generating income from the top two units to offset your costs. The prime location offers easy access to NYC, while Hamilton Park provides a serene oasis just steps from your door. Investors: With three separate units, this property is currently fully rented and is not subject to rent control. Lots of upside. Apts 1 and 3 have washer/dryers and Apt 2 has a washer/dryer hookup ready to go. Visionaries: Unlock the full potential of this property by transforming it into a magnificent single-family residence. The existing building footprint provides a great foundation for creating a sprawling home with multiple living spaces and outdoor areas. Extend the back of the house to further increase the living space. Imagine hosting gatherings with friends and family in your dream home. Don't miss this rare chance to own a property that offers endless possibilities in one of Jersey City's most desirable neighborhoods. Schedule your showing today!

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$729 USD /SF

# OF UNITS

3

PRICE/UNIT

$466,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,516 SF

ZONING

R-2

APN/PARCEL ID

06-11203-0000-00013

ASK ABOUT THIS PROPERTY

Daniel FleisherLiberty Realty LLCMore Info
201-450-2508

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Daniel FleisherLiberty Realty LLCMore Info
201-450-2508

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.