NJ
Hudson
Jersey City
07305
430 Ocean Ave
430 Ocean Ave, Jersey City, NJ 07305
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Listing Type
Multi Family
Listing Status
under contract
29
$1,030,000

Home Details for 430 Ocean Ave

Price
$1,030,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1932
County
Hudson
Total rooms
16
Garage
Basement
Unfinished
Days on site
166
MLS Listing#
3966728
Property Description

We are thrilled to present a prime investment opportunity in a rapidly developing neighborhood defined by strong job growth, new parks, convenient transit options, and major upcoming projects. Perfectly positioned near the Liberty Science Center expansion, SciTech City, Canal Crossing, and CineLease Studios, this property sits at the center of Jersey City?s next wave of transformation. Building features four units, three of which have been fully renovated with open layouts, modern kitchens with stainless steel appliances, in-unit washer/dryer, central HVAC, and hardwood floors. One of the renovated units includes an ensuite bath and private backyard access. The first-floor unit, currently unrenovated, offers a unique opportunity to convert into retail or mixed-use space, with potential for additional lower-level expansion given its commercial zoning. Surrounding developments?SciTech, CineLease, two new high schools, and Canal Crossing?come to fruition, the area is expected to welcome over 10,000 new residents creating tremendous demand for housing and retail. The neighborhood is also benefitting from newly constructed parks and playgrounds and Light Rail access connecting directly to hospitals and major employers. Property offers strong income potential through market-rate rentals, a long-term 15-year tenant, and secured workforce housing under a five-year lease. Don?t miss your chance to invest in this high-growth area with exceptional upside. Schedule your tour today!

Property Features
  • Heating Information
    • Heat Pump
    • Natural Gas
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Unfinished
Listing Courtesy: CHRISTIE'S INT. REAL ESTATE GROUP - 201-962-9551
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Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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