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$ 1,200,000
Est. payment | /mo
6 Baths
$ 1,200,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250025497
Full Baths 6
Annual Tax Amount $13,500
Lot Dimensions 31x90
Property Sub-Type Investment
Property Description
571 West Side Avenue is a rare value-add multifamily asset in one of Jersey City's most active and transit-connected commercial corridors. This property offers immediate upside through below-market rents, tenant-paid heat and hot water, and three vacant units—the perfect starting point for a full capital improvement program. Sitting on a 31 ft wide lot, the building features classic 2-bedroom railroad-style layouts with strong rental demand and excellent long-term appreciation potential. Located just one block from Lincoln Park and steps from major bus routes, shops, and neighborhood conveniences, this building benefits from steady foot traffic, strong tenant appeal, and exceptional accessibility for commuters. With high upside and the ability to implement capital improvements immediately, 571 West Side Avenue is an ideal acquisition for investors seeking both stability and growth in a prime Jersey City location.
Location
State NJ
County Hudson
Area Jc West Bergen
Listed by MODERN SPACES NJ LLC