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229 7th St

3 Unit Apartment Building $1,399,000 ($466,333/Unit) Jersey City, NJ 07302

Executive Summary

Prime Downtown Jersey City Three-Family: Investment or Dream Home! Ideally located around the corner from Hamilton Park and around the corner from both the Newport and Grove St PATH stations. This versatile three-family house in the heart of Downtown Jersey City offers a unique opportunity for investors and homeowners alike. Homeowners: Envision yourself living in the spacious two-floor apartment enjoying your own private deck and backyard, while generating income from the top two units to offset your costs. The prime location offers easy access to NYC, while Hamilton Park provides a serene oasis just steps from your door. Investors: With three separate units, this property is currently fully rented and is not subject to rent control. Lots of upside. Apts 1 and 3 have washer/dryers and Apt 2 has a washer/dryer hookup ready to go. Visionaries: Unlock the full potential of this property by transforming it into a magnificent single-family residence. The existing building footprint provides a great foundation for creating a sprawling home with multiple living spaces and outdoor areas. Extend the back of the house to further increase the living space. Imagine hosting gatherings with friends and family in your dream home. Don't miss this rare chance to own a property that offers endless possibilities in one of Jersey City's most desirable neighborhoods. Schedule your showing today!

Property Facts

Price $1,399,000
Price Per Unit $466,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.03 AC
Building Size 1,920 SF
No. Stories 3
Year Built 1890

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Family Room
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R-2
R-2
  • Listing ID: 32748862

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 229 7th St, Jersey City, NJ 07302

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