The Perfect Income-Producing Property or Owner-Occupied Gem! This beautifully maintained, two-family house with a valuable finished basement offers a phenomenal opportunity for savvy investors or owner-occupiers looking to maximize rental income and enjoy an ideal Jersey City lifestyle. Located in the highly sought-after 07304 zip code, this property blends generous living space with unbeatable convenience and essential modern infrastructure upgrades. Property Highlights True Multi-Family Value: A legal two-family structure featuring two spacious apartments, complemented by a fully finished basement level, maximizing potential cash flow or providing expansive owner-occupant flexibility. Unit Breakdown for Optimal Rental Income: Unit 1: A well-sized 2 Bedroom, 1 Bathroom apartment. Unit 2: A large 3 Bedroom, 1 Bathroom apartment, highly desirable for larger families or roommates. The Bonus Level - Finished Basement: A fantastic extension of the living space, featuring a large main room, an additional sizable bedroom, and the roughing for a third bathroom (recently removed for a major utility upgrade, ready to be completed to your taste). Peace of Mind Upgrades - Critical Infrastructure Secured! This home stands out with its major recent improvements: Brand New Water Line: The old lead pipes to the street have been completely replaced with 100% copper, eliminating a major future expense and providing superior water quality. -Newer Boilers for both units -Newer Water heaters for both units -Lead-Safe Certification: The property comes with Lead Inspection Certifications in hand for both apartments, ensuring full compliance and providing peace of mind for tenants and owners. -Unbeatable Location & Commuter Convenience Location is everything in Jersey City real estate, and 307 Ege Avenue delivers. Positioned in a vibrant area of the city, residents will enjoy easy access to everything: -Excellent Transit Hub: Commuting to NYC or around Hudson County is a breeze. The property is just 0.3 miles from the nearest Light Rail Station and only 0.2 miles from multiple major bus lines. -Local Amenities at Your Fingertips: Daily errands and leisure are simple: -Only 0.3 miles to the Hudson Mall, offering a variety of shopping and services. -Steps away from a wide variety of local stores, delis, and neighborhood conveniences. -Recreational Access: Enjoy the outdoors with the expansive Lincoln Park just 0.5 miles away, perfect for recreation, fitness, and relaxation. Whether you are an investor seeking a high-yield, turnkey asset with solid tenant appeal, or an owner-occupant looking for a primary residence with significant income potential to offset your mortgage, 307 Ege Avenue is a must-see. This is strategically located property in one of New Jersey's fastest-growing real estate markets.
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