Jc Journal Square, NJ 07306,397 BALDWIN AVE
Jc Journal Square, NJ 07306,397 BALDWIN AVE
Jc Journal Square, NJ 07306,397 BALDWIN AVE
Jc Journal Square, NJ 07306,397 BALDWIN AVE
Jc Journal Square, NJ 07306,397 BALDWIN AVE
Jc Journal Square, NJ 07306,397 BALDWIN AVE
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$ 1,450,000
Est. payment | /mo

6 Baths


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$ 1,450,000
Est. payment | /mo
Save

6 Baths

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240020255

Full Baths 6

Annual Tax Amount $15,760

Lot Dimensions 25X104

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.

Location

State NJ

County Hudson

Area Jc Journal Square

Listed by TRIUMPH GROUP REAL ESTATE
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"My job is to build a relationship based on trust with our clients. Trusting us to navigate the complexities of real estate transactions seamlessly, ensuring a smooth and rewarding experience from start to finish. We help you achieve your property goals with confidence and peace of mind."

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397 BALDWIN AVE