412 2Nd St Jersey City, NJ 07302
This exceptional three-unit apartment building, located in the heart of Downtown Jersey City at 412 2nd St, presents a compelling investment opportunity or ideal owner-occupied scenario. Built in 1898 and extensively renovated in 2024, this three-story building offers a blend of historic charm and modern updates. The property boasts a total of three units, currently operating at 33% occupancy. The asking price is $1,495,000. Unit one features a private backyard with a paved patio, providing a tranquil outdoor space. This unit also includes a kitchen equipped with sleek granite countertops and stainless steel appliances, including a refrigerator, gas range, and dishwasher. Units two and three are well-appointed one-bedroom units. The building's prime location in Downtown Jersey City ensures strong rental demand and potential for significant income generation. This property offers a rare combination of historical character, modern amenities, and a highly desirable location, making it an attractive investment for both seasoned investors and first-time buyers. The property is privately owned and comprises one building. The address is 412 2nd St, Jersey City, NJ 07302, within Hudson County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.