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497 West Side Ave Jersey City, NJ $ 1,300,000
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$ 1,300,000 Get more info
497 West Side Ave
$ 1,300,000
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Share Save

497 West Side Ave

Jersey City, NJ, 07304
$ 1,300,000
Bedrooms6 Baths4.2

Monthly Estimate*

$ 8,640

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View a Virtual Tour

Multi-Family Home for sale in Jersey City, NJ

for $1,300,000 with 6 bedrooms and 4 full baths, 2 half baths.

SECOND OPEN HOUSE, Saturday 3/9 12:30-1:30pm! PRICE REDUCTION: $1,300,000! 7.45% cap rate for this renovated mixed-use building on the corner of West Side and Williams Ave, six blocks away from LINCOLN PARK! Cap rate takes into consideration all expenses, even super/management and miscellaneous costs. It's 4 residential units over 2 commercial units (financial services and mailbox rentals) + two-car parking behind the building. Separate utilities. A few small changes could increase cap rate to over 8.9%. BONUS: since it's located in the Neighborhood Commercial zone, you could build an additional two stories for a total of five. The single family adjacent to this property if also for sale, for an additional: $395,000. It also falls within the Neighborhood Commercial zoning. Please reach out for further details. Virtual Tour of two units available!

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Multi-Family Active

Price

$ 1,300,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 14,520

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

230017782
Features
General
Status Pending Atty Review in Progress
Stories 3
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Block 20501
Section West Bergen
Fuel Gas
Area JC West Bergen
Virtual Tour https://mls.ricoh360.com/d1514851-8db4-42e6-9162-b3590f96a412
City JC West Bergen
Taxes 14520
Street Name WEST SIDE AVE
DOM 179
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Interior
Total Number of Units 6
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Exterior
Lot Dimensions 25.02 X 72.79
Lot 48
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* Excluded Features
List By
Iprg Nj Llc

Broker

(718) 360-5749

Phone

Affordability Calculator

$9,850
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$1,210
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/19/2024$1,300,000 -7.14% Price Down
1/20/2024$1,400,000 -1.75% Price Down
11/13/2023$1,425,000 -3.39% Price Down
11/8/2023$1,475,000 -10.61% Price Down
10/23/2023$1,650,000 Listed Price

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497 West Side Ave, Jersey City, NJ, 07304 is a Multi-Family Home for sale at $1,300,000. 497 West Side Ave has 6 bedrooms and 4.2 baths. The property's zip code is 07304 which is in Jersey City, NJ

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