Search
9-Unit Brick Apartment Building
For Sale
$2,899,000

331 Baldwin Ave JC, Jersey City, NJ 07306

Four-story Journal Square property with a high-ceiling basement and proximity to PATH service into Manhattan.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market13

Property Features for 331 Baldwin Ave JC

General Information

Standard status Active
Lot size 0.07 Acres
Property subtype Residential Income
Net Operating Income $194,000

Additional Details

Asking Price $2,899,000
Public Transit Yes
Multifamily Units 9

Building Details

Buildings 1
Stories 4
Construction brick
Listing Agency: EXP REALTY LLC
Listed By: MORDY ABELESZ · License #301029
Source: Exprealty
Added: Jul 29 Changed: Aug 9 Last Checked: Aug 9 at 2:11PM

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 EXP REALTY LLC

Investment Insights

Based on property information with market context.

This four-story brick apartment property contains 9 units and a high-ceiling basement on a 32.79 x 94.49 lot. The building footprint measures approximately 32.79 x 77. The lower-level units may offer the ability to create duplex configurations with basement space, while the property may be delivered fully vacant. Any remodeling, condominium conversion, or additional construction would require buyer due diligence and municipal confirmation.

The property is located at 331 Baldwin Ave in Jersey City’s Journal Square area, within the Journal Square 2060 Redevelopment Zone. It is minutes from the Journal Square Transportation Center, providing PATH access to Manhattan, and is surrounded by residential and commercial development. The zoning may permit adding up to two stories as of right, subject to applicable review and confirmation.

Key Highlights

  • 9‑unit brick apartment building with four stories and a high‑ceiling basement
  • 32.79 x 94.49 lot with an approximately 32.79 x 77 building footprint
  • Located within Jersey City’s Journal Square 2060 Redevelopment Zone

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four-story Journal Square property with a high-ceiling basement and proximity to PATH service into Manhattan.
Where is this apartment building located?
The property is located at 331 Baldwin Ave JC Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: 9‑unit brick apartment building with four stories and a high‑ceiling basement; 32.79 x 94.49 lot with an approximately 32.79 x 77 building footprint; Located within Jersey City’s Journal Square 2060 Redevelopment Zone
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message