Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
Jc Journal Square, NJ 07304,264 FAIRMOUNT AVE
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$720,000

$810,000

11.1%
Est.Price: ?

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Est. payment /mo

4 Beds

3 Baths


SOLD DATE : 09/27/2024

Key Details

Sold Price $720,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240003604

Sold Date 09/27/24

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Fees $2/mo

Annual Tax Amount $10,291

Tax Year 2023

Property Sub-Type 3 Family

Property Description

GREAT INVESTMENT OPPORTUNITY in Journal Square! 3 Unit Mixed Use - 2 residential units over commercial. Located in Redevelopment Zone and Cannabis Retailer Zone. All units are vacant. The commercial unit is perfect for any type of business with exposed brick, ½ bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters. Property lot size is 22 x 103. One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Proposed plans included in docs. Sold with plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Plans are not fully approved.

Location

State NJ

County Hudson

Area Jc Journal Square

Rooms

Basement Full

Interior

Heating A/C Central, Hot Air, Baseboard

Cooling A/C Central, Hot Air, Baseboard

Exterior

Exterior Feature Aluminum/Vinyl

Parking Features Other-See Remarks

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Listed by HOWARD HANNA RAND REALTY
Bought with AMERICAS ELITE GROUP LLC
Adel Metri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(201) 993-2805

americaselitebroker@gmail.com

593 Jersey Ave, Jersey City, NJ, 07305, USA

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