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397 Baldwin Ave

Jersey City, Journal Square, NJ 07306
  • $1,450,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 240020255
UPDATED: 43 min ago
$1,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.

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© 2024 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: 2024-11-12T20:26:39.1.
www.bestofhobokenhomes.com/homes/156735591
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397 Baldwin Ave Jersey City, Journal Square, NJ 07306

  • Price: $1,450,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 43 min ago
  • MLS #: 240020255
0
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Journal Square
County:
Hudson
Area:
Jersey City, Journal Square
Property Description
Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
Exterior Features

Lot Size 25X104 Stories 3

Interior Features

One Bedrooms 2 Three Bedrooms 1 Two Bedrooms 1

Property Features

Commercial Type Investment Green Card Yes Internet Yes Lead Paint Form Yes Mixed Use No Rent Control Yes Studios 1 Taxes 15760

Listing provided courtesy of TRIUMPH GROUP REAL ESTATE:201-482-6900.


© 2024 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: 2024-11-12T20:26:39.1.
 
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PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030