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$5,850,000
10 Beds ⋅ 5 Baths ⋅ 260018182 MLS
Rare opportunity to acquire a fully occupied mixed-use building in a premier Midtown Hoboken location along the Washington Street retail corridor. This classic brick building features a large ground-floor retail space, four residential apartments and basement storage. The residential mix includes three 3-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment with a private yard. Strong existing rent roll with gross annual income of $325,200 and NOI of $272,360, offering immediate income from both residential and commercial tenants. Hoboken’s limited housing supply, strong rental demand and highly walkable urban setting have made well-located mixed-use properties particularly desirable long-term investment assets. The combination of residential and retail income provides diversification, while a Washington Street address offers the benefit of one of the city’s most established commercial corridors with convenient access to PATH, ferry and NJ Transit service to Manhattan. Situated on a 21' x 75' lot and located outside of the flood zone. An exceptional opportunity to acquire a fully occupied, income-producing building in one of Hudson County’s most sought-after rental markets.

704 Washington St, Hoboken
$3,499,999
9 Beds ⋅ 6 Baths ⋅ 260006296 MLS
Exceptional investment opportunity! This legal 4-family property offers incredible versatility, income potential, and future upside. In addition to four well-laid-out residential units, the home features a beautifully finished full basement--perfect for owner occupied, extended living or added functionality. The ground level boasts a spacious primary bedroom with a private bath, a modern eat-in kitchen with stainless steel appliances, formal dining room, comfortable living room, dedicated laundry room and direct access to a beautifully maintained yard - ideal for entertaining. Additional highlights of this unit include ceramic tile flooring throughout, central air and a ventilation system for the cooking enthusiast or a smoker. Each of the four apartments offers a functional layout with two bedrooms, a full bath, and a combined living and dining area alongside a full kitchen. Generous room sizes and flexible floor plans provide excellent potential to reconfigure into three or even four bedroom units, or to incorporate a formal dining room to further enhance value. Whether you're an investor looking to maximize rental income or a buyer seeking a property with expansion potential, this is a rare opportunity to own a multi-family home with both immediate appeal and long-term growth potential.

413 Adams St, Hoboken

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