$1,335,000
For Sale

529 COMMUNIPAW AVE

Jersey City, NJ 07304
Browse 37 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Great Investment Opportunity in Jersey City's Bergen-Lafayette Section! Presenting a fantastic multi-family home in the highly desirable Bergen-Lafayette neighborhood of Jersey City. This property is currently configured as seven 1-bedroom units, each with some modern upgrades and renovations, including updated utilities. While the property does require some finish work and repairs, it offers enormous upside potential for the right buyer. Situated in a rapidly developing area, this home benefits from being in close proximity to local parks, schools, shops, and restaurants. The Bergen-Lafayette section is known for its vibrant community, diverse culture, and convenient access to public transportation, making it a prime location for renters and homeowners alike. The neighborhood is experiencing significant growth, which adds great value to this investment opportunity. Please note that the buyer will be responsible for completing the necessary city approvals to ensure the legal usage of the units. However, with the right vision and investment, this property can be transformed into a highly profitable asset. Don't miss out on this incredible opportunity to own a piece of Jersey City's future. Schedule a showing today!

  • Property Details
      • Property TypeMulti-Family
      • MLS #240024247
      • MLS #240024247
      • Property Subtype3 Family
      • Cost1335000
      • Lot Description20x109
      • CountyHudson
      • SubdivisionNJ
      • Bathrooms7

Location

Cesar David PradoReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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