Rare Opportunity – Three Units in Journal Square for Under $700,000!
Positioned in one of Jersey City's continuously growing neighborhoods, this property presents an exceptional opportunity to acquire a three-family investment property in the heart of Journal Square for less than $700,000. Whether you're a seasoned investor or looking to expand your portfolio, opportunities like this are becoming increasingly difficult to find.
The property features three 1-bedroom, 1-bathroom apartments, each with separate utilities, helping minimize operating expenses while maximizing cash flow potential. Combined with low taxes and low carrying costs, this is an attractive long-term hold in a neighborhood experiencing significant transformation.
Directly across the street, a newly approved 166-unit residential development is underway, further reinforcing the area's continued growth and investment. As Journal Square and Bergen Lafayette continue to evolve with new residential projects, infrastructure improvements, and increasing demand from both renters and buyers, properties like this are well positioned for future appreciation and rental growth.
Located just minutes from the Journal Square PATH Station, Downtown Jersey City, Liberty State Park, and major highways, the property offers outstanding connectivity for commuters traveling to Manhattan and throughout Northern New Jersey.
Investment opportunities offering three units in Journal Square at this price point are becoming increasingly scarce. Don't miss your chance to secure an asset in one of Hudson County's most dynamic and rapidly appreciating neighborhoods.
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Zillow last checked:
Listing updated:
Listed by:
NICHOLAS STEPHEN PRONTI201-621-2820,
PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY201-333-7717
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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