163-165 Clerk St

Description

Rare Side-by-Side Multifamily Portfolio | Bergen-Lafayette, Jersey City Introducing a unique opportunity to acquire two adjacent two-family properties at 163 & 165 Clerk Street, offered together for a combined price of $1,598,000. Together, these well-maintained buildings feature four spacious duplex apartments, providing investors with immediate scale, strong rental income, and long-term appreciation potential in one of Jersey City's fastest-growing neighborhoods. Property Highlights: • Two side-by-side 2-family buildings • Four duplex apartments total • 16 total bedrooms • 8 total bathrooms • Strong in-place rental income • Modern kitchens with quartz countertops and stainless-steel appliances • Updated finishes throughout • Finished walk-out basements • Central A/C • Separate utilities Located in the highly desirable Bergen-Lafayette section of Jersey City, the properties are just minutes from the Randolph Avenue Light Rail Station, providing convenient access to Downtown Jersey City, Exchange Place, Hoboken, and Manhattan. NJ Turnpike Exit 14B, Liberty State Park, shopping, restaurants, and ongoing neighborhood redevelopment are all nearby. Opportunities to acquire two adjacent multifamily properties with this unit count and bedroom count are increasingly rare. Ideal for investors, 1031 exchange buyers, or those looking to expand their Jersey City portfolio with a high-demand rental asset in a rapidly appreciating market.