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Sold for $720,000
  • $720,000

    264 Fairmount Ave, Jersey City, NJ 07306

    4beds
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $793,400 Zestimate®
    $--/sqft
    $3,213 Estimated rent

    Home value

    $793,400

    $738,000 - $857,000

    $3,213/mo

    Zestimate® history
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    $4,891/mo

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    What's special

    GREAT INVESTMENT OPPORTUNITY in Journal Square! 3 Unit Mixed Use - 2 residential units over commercial. Located in Redevelopment Zone and Cannabis Retailer Zone. All units are vacant. The commercial unit is perfect for any type of business with exposed brick, ½ bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters. Property lot size is 22 x 103. One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Proposed plans included in docs. Sold with plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Plans are not fully approved.

    Zillow last checked:

    Listing updated:

    Listed by:

    IAN CRAMSEY 917-312-1022,

    HOWARD HANNA RAND REALTY

    Bought with:

    , 2299156

    AMERICA'S ELITE GROUP LLC

    Source: HCMLS,MLS#: 240003604

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Baseboard
    Cooling
    • Central Air
    Features
    • Basement: Full

    Property

    Parking
    • Parking features: See Remarks

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi Level
    Materials
    • Aluminum Siding

    Community & HOA

    Location
    • Region: Jersey City

    Financial & listing details

    • Annual tax amount: $10,291
    • Date on market: 4/28/2025

    Price history

    DateEventPrice
    9/27/2024Sold$720,000-11.1%
    Source: HCMLS #240003604 Report a problem
    8/12/2024Listed for sale$810,000
    Source: HCMLS #240003604 Report a problem
    3/12/2024Listing removed--
    Source: HCMLS #240003604 Report a problem
    2/27/2024Listed for sale$810,000+28.6%
    Source: HCMLS #240003604 Report a problem
    6/30/2021Sold$630,000-3.1%
    Source: HCMLS #202024377 Report a problem
    12/29/2020Listed for sale$649,999
    Source: HCMLS #202024377 Report a problem
    11/5/2020Listing removed$649,999
    Source: LIGHTHOUSE RESIDENTIAL LLC #202024377 Report a problem
    10/23/2020Listed for sale$649,999+85.2%
    Source: LIGHTHOUSE RESIDENTIAL LLC #202024377 Report a problem
    12/20/2015Sold$351,000
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bergen-Lafayette

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $793,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $793,400