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Brick Multifamily Building with Renovations
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331 Baldwin Ave, Jersey City, NJ 07306

Four-story brick apartment building with a mix of studios to four-bedroom units, including five gut-renovated units.

Property SizeContact for details
Days on Market134

Property Features for 331 Baldwin Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 9

Building Details

Stories 4
Tenancy Multi
Listing Agency: CBRE - Saddle Brook
Listed By: Fahri Ozturk · License #NJ 1430421
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Saddle Brook

Investment Insights

Based on property information with market context.

331 Baldwin Ave is a four-story brick multifamily building with a unit mix of one studio, one two-bedroom, one three-bedroom, and six four-bedroom units. Five of the nine units have been gut renovated, featuring updated bathrooms, granite countertops, and modern kitchens.

The property is approximately a 5-minute walk from the Journal Square PATH Station, with service described as a 15-minute ride to the World Trade Center and a 22-minute ride to Midtown Manhattan. It is also about five blocks from the 9th Street Light Rail Station, described as offering a 27-minute commute to Midtown Manhattan. The Journal Square Transportation Center includes a bus terminal with a 28-minute ride into Manhattan.

The remaining units have not been specifically described as renovated in the provided materials, so prospective tenants and buyers should review unit conditions directly during due diligence.

Key Highlights

  • Four‑story brick multi‑family building at 331 Baldwin Ave in Jersey City, NJ
  • Unit mix: 1 studio, 1 two‑bedroom, 1 three‑bedroom, and 6 four‑bedroom units (9 total)
  • Five of the nine units have been gut renovated with updated bathrooms, granite countertops, and modern kitchens

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Veterinary Clinic Pet Store & Service Clothing & Fashion Store Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,684
Businesses Nearby

Demographics for 07306, NJ

55,342
Population
24,770
Households
2.2
Avg Household Size
34
Median Age
50%
College-Educated
87%
High-School Grad
3.0 sq mi
ZIP Area
18,447
Density / Sq Mi
$75,861
Median Household Income
$49,522
Median Earnings
$1,619
Median Rent
$502,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story brick apartment building with a mix of studios to four-bedroom units, including five gut-renovated units.
Where is this apartment building located?
The property is located at 331 Baldwin Ave Jersey City, NJ.
What are key features of this property?
This property features: Four‑story brick multi‑family building at 331 Baldwin Ave in Jersey City, NJ; Unit mix: 1 studio, 1 two‑bedroom, 1 three‑bedroom, and 6 four‑bedroom units (9 total); Five of the nine units have been gut renovated with updated bathrooms, granite countertops, and modern kitchens
More about this property
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