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$ 1,250,000
Est. payment | /mo
5 Beds
5.5 Baths
$ 1,250,000
Est. payment | /mo
5 Beds
5.5 Baths
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260012649
Style Multi-Level
Bedrooms 5
Full Baths 5
Half Baths 1
Annual Tax Amount $11,301
Property Sub-Type 2 Family
Property Description
Exceptional Development Opportunity in the Heart of Journal Square Unlock the potential of one of Jersey City's fastest-growing neighborhoods with this prime redevelopment site at 396 Baldwin Avenue. Ideally located just minutes from Journal Square, this property presents a rare opportunity for investors and developers seeking long-term upside in one of the region's most active redevelopment corridors. Currently a knockdown, the property offers the opportunity to construct a new 6-unit residential building (buyer to independently verify all zoning, approvals, and development requirements). With strong rental demand, continued infrastructure investment, and billions of dollars in nearby development, Journal Square continues to experience significant appreciation and remains one of the most sought-after investment markets in Northern New Jersey. Future residents will enjoy convenient access to the Journal Square PATH Station, providing a quick commute to Manhattan, along with proximity to shopping, dining, parks, universities, and major highways. Whether you're looking to build and hold for cash flow or develop and sell, this is a premier value-add opportunity in a location positioned for continued growth.
Location
State NJ
County Hudson
Area Jc Journal Square
Rooms
Basement Unfinished
Interior
Heating A/C Window, Baseboard, Gas
Cooling A/C Window, Baseboard, Gas
Exterior
Exterior Feature Other-See Remarks
Parking Features None
Listed by HUDSON DIGS REALTY LLC
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