531 Newark Ave, Jersey City, New Jersey, 07306
531 Newark AveJersey City NJ 07306
| Cross street: | Palisade Ave & Baldwin Ave |
|---|
Property
| Ownership: | income-property |
|---|---|
| Type: | Brownstone |
| Bedrooms: | 6 BR |
| Bathrooms: | 3 |
| Pets: | Pets Allowed |
| Lot Size: | 3200 sq ft |
Financials
| Price: | $1,650,000 |
|---|---|
| Annual Taxes: | $16,724 |
 | |
 | Licensed Real Estate Salesperson Mobile: +1347-580-3745 |
 | Licensed Real Estate Salesperson | The Mansilla Team | Licensed as 'John Fuller' Mobile: +1305-900-7077 |
 | Licensed Associate Real Estate Broker Phone: +1917-963-3566 Mobile: +1917-963-3566 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 |
Description
Don't miss the opportunity to invest in a rapidly changing and developing Journal Square area of Jersey City! This brick building is located on a busy Newark Ave, just a few blocks from the Journal Square transportation hub. Retail space is currently occupied by a laundromat, which has access to the backyard. This location is ideal for any walk-in business due to a high pedestrian traffic. Atop the commercial space there are 3 residential units: 1,2, and 3 bedrooms each.
Upside potential to build out the 2nd and 3rd floor for an extra 1000sq ft per floor, and add the 4th floor. Pro-forma available upon request.
Amenities
- Back Yard
- Ground Floor
- Hardwood Floors
Neighborhood
Retail space + 3 residential units in Journal Square, Jersey City
Description
Don't miss the opportunity to invest in a rapidly changing and developing Journal Square area of Jersey City! This brick building is located on a busy Newark Ave, just a few blocks from the Journal Square transportation hub. Retail space is currently occupied by a laundromat, which has access to the backyard. This location is ideal for any walk-in business due to a high pedestrian traffic. Atop the commercial space there are 3 residential units: 1,2, and 3 bedrooms each.
Upside potential to build out the 2nd and 3rd floor for an extra 1000sq ft per floor, and add the 4th floor. Pro-forma available upon request.
Amenities
- Back Yard
- Ground Floor
- Hardwood Floors
Neighborhood
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but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.