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Raeann Jackapino

raeann.jackapino@exprealty.com +1(973) 476-3531

$ 950,000

Est. payment -/mo

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Under Contract

41 Arlington Ave. Jersey City, NJ 07305

5 Beds

4.5 Baths

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4020581

Style 2-Two Story

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 1890

Annual Tax Amount $6,304

Tax Year 2025

Property Description

Investors and owner-occupants take note a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one and the opportunity doesn't stop there.Under Jersey City's current zoning, an Accessory Dwelling Unit (ADU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit no variance required, no board approval needed. Three doors on one lot. Legal 2-family R-1 zoning 1,734 sq ft lot ADU permitted in detached accessory structure garage conversion opportunity 3rd income-producing unit without a variance No off-street parking required Immediate cash flow with upside built inBuy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER - PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.

Location

State NJ

County Hudson

Interior

Heating Gas-Natural, See Remarks

Cooling See Remarks, Wall A/C Unit(s)

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Stone, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Young

Middle Schools Martin

High Schools Snyder

Others

Senior Community No

Listed by RE/MAX PROFESSIONALS I

Raeann Jackapino

Broker Associate | Team Lead | Certified Mentor | REALTOR® | License ID: 1645031

+1(973) 476-3531

Raeann Jackapino

41 Arlington Ave. Jersey City, NJ 07305

Key Details

Location

Interior

Exterior

Building

Schools

Others

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41 Arlington Ave.