9-Unit Brick Apartment
For Sale
$2,799,000
331 Baldwin Ave Jersey City, Jersey City, NJ 07306
Four-story brick apartment property with a high-ceiling basement in the Journal Square 2060 Redevelopment Zone.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market41
Property Features for 331 Baldwin Ave Jersey City
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Commercial
Zoning
Journal Square 2060 Redevelopment Zone
Net Operating Income
$194,000
Additional Details
Asking Price
$2,899,000
Public Transit
Yes
Multifamily Units
9
Building Details
Stories
4
Construction
brick
Listing Agency:
EXP REALTY LLC
Listed By:
Mordy Abelesz · License #17525
(866) 201-6210
Source:
Trompeterrealestate
Added: Jul 31
Changed: Sep 4
Last Checked: Sep 8 at 3:59AM
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 9-unit brick apartment building occupies four stories above a high-ceiling basement, with a building footprint of approximately 32.79 x 77. The lot measures 32.79 x 94.49. The property is identified within Jersey City’s Journal Square 2060 Redevelopment Zone, where municipal confirmation and buyer due diligence would be required for any proposed changes.
Potential repositioning concepts identified for the building include remodeling, condominium conversion, and delivery fully vacant. Lower-level units may offer the possibility of duplexing with the basement. The source information also indicates that the zoning may permit adding up to two stories as of right, subject to confirmation.
The property is located at 331 Baldwin Ave in Jersey City’s Journal Square area, near the Journal Square Transportation Center. Direct PATH service provides access to Manhattan, and the surrounding area includes residential and commercial development.
Potential repositioning concepts identified for the building include remodeling, condominium conversion, and delivery fully vacant. Lower-level units may offer the possibility of duplexing with the basement. The source information also indicates that the zoning may permit adding up to two stories as of right, subject to confirmation.
The property is located at 331 Baldwin Ave in Jersey City’s Journal Square area, near the Journal Square Transportation Center. Direct PATH service provides access to Manhattan, and the surrounding area includes residential and commercial development.
Key Highlights
- 9‑unit brick apartment building across four stories plus a high‑ceiling basement
- Within Jersey City’s Journal Square 2060 Redevelopment Zone
- 32.79 x 94.49 lot with an approximately 32.79 x 77 building footprint
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
4,684
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Four-story brick apartment property with a high-ceiling basement in the Journal Square 2060 Redevelopment Zone.
Where is this apartment building located?
The property is located at 331 Baldwin Ave Jersey City Jersey City, NJ.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: 9‑unit brick apartment building across four stories plus a high‑ceiling basement; Within Jersey City’s Journal Square 2060 Redevelopment Zone; 32.79 x 94.49 lot with an approximately 32.79 x 77 building footprint
