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529 Communipaw Ave Jersey City, NJ 07304

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For Sale
$699,900

Multifamily property in Jersey City's Bergen-Lafayette neighborhood.

Property Features for 529 Communipaw Ave

General Information

Standard status
Active

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Listing Contact
Michael Morris
Source: Exitrealty

Listing Agency: VYLLA HOME Listing Agent: Michael Morris

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Jersey City Multifamily Investment Opportunity

Located in the Bergen-Lafayette section of Jersey City, this multi-family home presents an investment opportunity. The property is configured as seven 1-bedroom units, featuring some modern upgrades and renovations, including updated utilities. While requiring finish work and repairs, the property offers upside potential. Situated in a rapidly developing area, the home benefits from proximity to local parks, schools, shops, and restaurants. The Bergen-Lafayette section is known for its community, culture, and access to public transportation, making it a location for renters and homeowners. The neighborhood is experiencing growth, adding value to this investment opportunity. The buyer will be responsible for completing the city approvals to ensure the legal usage of the units. This property can be transformed into a profitable asset.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Jersey City
County
Hudson
State
New Jersey
Longitude
-74.069761
Latitude
40.716126

FAQs

What type of property is this?
Apartment building - Multifamily property in Jersey City's Bergen-Lafayette neighborhood.
Where is this apartment building located?
The property is located at 529 Communipaw Ave Jersey City, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: - Multi-family home featuring seven 1-bedroom units in Bergen-Lafayette.; - Great investment opportunity with enormous upside potential.; - Updated utilities and some modern upgrades already completed.
More about this property
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