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Listed by Francesco Mazzaferro Christie's International Real Estate Group-Hoboken
$ 1,295,000
Est. payment /mo
Active
430 Ocean AVE Jersey City, NJ 07305
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25003008
Style 4 Family
Full Baths 5
Property Sub-Type 4 Family
Property Description
Incredible investment opportunity in a rapidly growing neighborhood with strong job growth, new parks, transit options, and dynamic development. This property is near the Liberty Science Center expansion, SciTech City, Canal Crossing, and CineLease Studios. It features 4 units—3 fully renovated with open floor plans, stainless steel kitchens, in-unit washers/dryers, central HVAC, and hardwood floors. One unit includes an ensuite bath and backyard access. The first-floor unit, currently unrenovated, offers potential to convert into retail space with additional lower-level possibilities, as it’s in a commercial zone. With the addition of SciTech, CineLease, Canal Crossing, and schools, the area expects an influx of 10,000 residents, including students, educators, and professionals. The Light-Rail offers quick access to jobs and hospitals. Market-rate rentals provide steady income, alongside a long-term tenant of 15 years and secured Workforce Housing under a 5-year lease.
Location
State NJ
County Hudson
Interior
Laundry None
