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$ 950,000
Est. payment /mo
New
41 Arlington Ave. Jersey City, NJ 07305
5 Beds
4.5 Baths
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4020581
Style 2-Two Story
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 1890
Annual Tax Amount $6,304
Tax Year 2025
Property Description
Investors and owner-occupants take note a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one and the opportunity doesn't stop there.Under Jersey City's current zoning, an Accessory Dwelling Unit (ADU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit no variance required, no board approval needed. Three doors on one lot. Legal 2-family R-1 zoning 1,734 sq ft lot ADU permitted in detached accessory structure garage conversion opportunity 3rd income-producing unit without a variance No off-street parking required Immediate cash flow with upside built inBuy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER - PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.
Location
State NJ
County Hudson
Interior
Heating Gas-Natural, See Remarks
Cooling See Remarks, Wall A/C Unit(s)
Heat Source Gas-Natural, See Remarks
Exterior
Exterior Feature Stone, Vinyl Siding
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Schools
Elementary Schools Young
Middle Schools Martin
High Schools Snyder
Others
Senior Community No
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