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$950,000
Est. payment /mo
7 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250015310
Style Colonial,Contemporary
Bedrooms 7
Full Baths 2
HOA Fees $2/mo
Year Built 1885
Annual Tax Amount $8,269
Tax Year 2023
Lot Dimensions 25X113.2
Property Sub-Type 2 Family
Property Description
Welcome to this expansive two-family home nestled in the vibrant and highly sought-after McGinley Square neighborhood—an area that's witnessing rapid development and a surge of new construction. Situated on a generous 25 x 113.2 lot, this property offers an exceptional blend of spaciousness, convenience, and investment potential. Gut-renovated approximately seven years ago, the home encompasses over 2,800 sqft of living space, with each unit being a full duplex—each offering more than 1,400 sqft. This is thanks to a generously sized, grandfathered-in extension that provides even more room to spread out or grow. The first-floor duplex features three generously sized bedrooms and is currently leased on a month-to-month basis. The upper duplex includes four bedrooms and would be delivered vacant—making it ideal for an owner-occupant or ready to be re-leased at current market rates. In addition to its vast interior, the property includes a private garage and off-street parking for over four vehicles—a truly rare find in Jersey City. Whether you're an investor looking for strong rental income or a buyer seeking a spacious multi-generational home, this property checks every box. Location is key, and this home delivers. Just off Monticello Avenue, you're steps away from a growing number of trendy cafes, restaurants, and shops, adding to the area's vibrant and evolving charm. For commuters, multiple NJ Transit bus lines run along Monticello Ave and JFK Blvd, providing quick and easy access to Journal Square PATH Station—offering a direct train ride into Manhattan in about 20 minutes. Don't miss the opportunity to own a piece of this rapidly transforming neighborhood with both strong rental income and long-term appreciation potential.
Location
State NJ
County Hudson
Area Jc Journal Square
Rooms
Basement Unfinished, Walk-Out
Interior
Heating A/C Central, Hot Air, Electric, Gas, Hot Water
Cooling A/C Central, Hot Air, Electric, Gas, Hot Water
Exterior
Exterior Feature Aluminum/Vinyl, Brick, Stone
Parking Features 3+ Cars, Garage
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Listed by COMPASS NEW JERSEY, LLC
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