172 BEACON AVE, JC, Heights, NJ, 07306
Description
Investor/developer opportunity! This 3-family property sits on an oversized lot (4,125 sf- 25X165) and delivers a projected cash flow of $8,500/month. A rare opportunity to own a high-performing asset with strong income potential in one of the city’s most desirable and high-demand locations just moments from Journal Square’s redevelopment hub. Renovated in 2023, each unit features 3 bedrooms and 2 full bathrooms. Units 1 and 2 are on month-to-month leases, providing immediate flexibility, while Unit 3 is vacant—perfect for an owner-occupant or to lease at market rent right away. With potential to build up to 6 units, this oversized lot offers exceptional development opportunity—bring your plans and unlock the full value of this prime Jersey City property. Survey available. Professional photos coming soon!
Details
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