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

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

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