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1591 Kennedy Blvd

Jersey City, Greenville, NJ 07305
  • $999,990
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 230015228
UPDATED: 54 min ago
$999,990
  • 0
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Prime Mixed-Use Building with Tremendous Growth Potential Nestled in the heart of Jersey City, 1591 Kennedy Blvd presents an exceptional investment opportunity for savvy real estate entrepreneurs. This mixed-use gem boasts five residential units alongside a lucrative commercial space, making it a versatile asset for seasoned investors and budding property moguls alike. Key Features: Prime Location: Situated on the bustling Kennedy Blvd, this property enjoys proximity to a plethora of conveniences. Just moments away, residents can explore the vibrant Journal Square, renowned for its diverse array of dining, shopping, and entertainment options. Growth Hotspot: Jersey City is currently experiencing a remarkable surge in development and prosperity. With its strategic location and a burgeoning local economy, this property stands as a testament to the area's rapid advancement. Renovation Potential: The building's rent-controlled status presents a unique opportunity to maximize your ROI. Each renovation dollar invested translates directly into increased rental income, ensuring both short-term gains and long-term value appreciation. Neighborhood Highlights: Journal Square Transportation Center: A major transit hub, offering seamless access to PATH trains, buses, and the future Southwest Bus Rapid Transit line, connecting you to Manhattan and beyond. Riverview-Fisk Park: A green oasis offering stunning views of the Manhattan skyline, providing a serene escape for residents. Diverse Culinary Scene: From artisanal coffee shops to international eateries, the neighborhood caters to all palates and preferences. Cultural Attractions: Nearby museums, galleries, and theaters offer a rich tapestry of cultural experiences for residents and visitors alike. Invest with Confidence: With its unbeatable location, multiple revenue streams, and the promise of significant returns through strategic renovations, 1591 Kennedy Blvd is poised to be the cornerstone of your real estate portfolio. Don't miss out on this exceptional opportunity. Contact us today for a private showing and secure your stake in Jersey City's bright future.

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© 2023 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-10-04T12:25:55.66.
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1591 Kennedy Blvd Jersey City, Greenville, NJ 07305

  • Price: $999,990
  • Status: Active
  • On Site: 21 Days
  • Updated: 54 min ago
  • MLS #: 230015228
0
Beds
5
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Greenville
County:
Hudson
Area:
Jersey City, Greenville
Property Description
Prime Mixed-Use Building with Tremendous Growth Potential Nestled in the heart of Jersey City, 1591 Kennedy Blvd presents an exceptional investment opportunity for savvy real estate entrepreneurs. This mixed-use gem boasts five residential units alongside a lucrative commercial space, making it a versatile asset for seasoned investors and budding property moguls alike. Key Features: Prime Location: Situated on the bustling Kennedy Blvd, this property enjoys proximity to a plethora of conveniences. Just moments away, residents can explore the vibrant Journal Square, renowned for its diverse array of dining, shopping, and entertainment options. Growth Hotspot: Jersey City is currently experiencing a remarkable surge in development and prosperity. With its strategic location and a burgeoning local economy, this property stands as a testament to the area's rapid advancement. Renovation Potential: The building's rent-controlled status presents a unique opportunity to maximize your ROI. Each renovation dollar invested translates directly into increased rental income, ensuring both short-term gains and long-term value appreciation. Neighborhood Highlights: Journal Square Transportation Center: A major transit hub, offering seamless access to PATH trains, buses, and the future Southwest Bus Rapid Transit line, connecting you to Manhattan and beyond. Riverview-Fisk Park: A green oasis offering stunning views of the Manhattan skyline, providing a serene escape for residents. Diverse Culinary Scene: From artisanal coffee shops to international eateries, the neighborhood caters to all palates and preferences. Cultural Attractions: Nearby museums, galleries, and theaters offer a rich tapestry of cultural experiences for residents and visitors alike. Invest with Confidence: With its unbeatable location, multiple revenue streams, and the promise of significant returns through strategic renovations, 1591 Kennedy Blvd is poised to be the cornerstone of your real estate portfolio. Don't miss out on this exceptional opportunity. Contact us today for a private showing and secure your stake in Jersey City's bright future.
Exterior Features

Construction Mix Use Covered Parking No Lot Size .06 Acres Number Parking Spaces 0 Stories 3

Interior Features

Sprinklers None Two Bedrooms 5

Property Features

Commercial Type Investment Easements No Elevators No Flood None Fuel Gas Gross Income 72854.00 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 34058.00 Taxes 0

Listing provided courtesy of Prominent Properties Sotheby's International Realty:201-840-8898.


© 2023 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-10-04T12:25:55.66.
 
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PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030