549-551 PAVONIA AVE new

Jc Journal Square,NJ 07306

$ 2900000

11 Beds

4.5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250010137

Style Victorian

Bedrooms 11

Full Baths 4

Half Baths 1

Annual Tax Amount $21,832

Property Sub-Type 2 Family

Property Description

(2) Two-Family Investment with Approved Development Plans | Prime Journal Square Location. Rare opportunity to acquire a fully occupied two-family properties sitting on two adjacent lots (totaling 6,683 SQF) in the heart of Journal Square — just 500 feet from the PATH station. Currently configured as four residential units across two buildings with a combined 11 bedrooms, 4 full bathrooms, and 1 half bath, the property includes 4 private parking spaces and rear yards for both structures. All tenants are currently on month-to-month leases, generating a gross annual income of approximately $127,000 with significant upside potential. Taxes and Sq Footage, etc. per NJ Tax Records and should be independently verified.

Location

State NJ

County Hudson

Area Jc Journal Square

Rooms

Basement Partial Finish,Unfinished

Interior

Heating A/C Central,Hot Air,A/C Window,Baseboard,Gas

Cooling A/C Central,Hot Air,A/C Window,Baseboard,Gas

Exterior

Exterior Feature Aluminum/Vinyl,Wood

Parking Features 3+ Cars,Other-See Remarks

View More
Favorite Go Tour