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$2,700,000
260010580 MLS
Exceptional investment opportunity in the highly desirable Jersey City Heights section. This 8-unit multifamily property offers immediate cash flow with substantial upside through the renovation and repositioning of under-market units. Current gross rental income is approximately $169,700 annually, with the potential to increase to over $225,900 annually after renovating Units 2, 5, and 7. At an offering price of $2,700,000, the property is operating at an estimated 4.79% cap rate with the potential to achieve an estimated 6.87% pro forma cap rate. Investors will appreciate the strong rental demand, proximity to transportation, shopping, dining, and continued growth throughout Jersey City Heights.Property is being sold as-is. Buyer to perform their own due diligence regarding income, expenses, rents, permits, and future projections.

85 Zabriskie St, Jc, Heights

$999,000
260009488 MLS
25.6x118 Lot Size. Rare investment opportunity at 15 Laidlaw Ave in Jersey City. Property consists of a solid 6-family building plus an adjacent parking lot currently undergoing subdivision. Upon completion, the 6-family will remain on its own lot, while the parking lot will become a separate buildable parcel—ideal for ground-up development. Excellent value-add potential with immediate rental income from the existing building and future upside through development of the newly created lot. Preliminary subdivision in progress—buyer to perform all due diligence regarding approvals, zoning, and development potential. Located in a rapidly appreciating area with strong rental demand and new construction activity nearby. Opportunities like this—income + development—are extremely limited in Jersey City.

15 Laidlaw Ave, Jc, Heights

$1,949,000
260009027 MLS
50x118 Lot Size. Rare investment opportunity at 15 Laidlaw Ave in Jersey City. Property consists of a solid 6-family building plus an adjacent parking lot currently undergoing subdivision. Upon completion, the 6-family will remain on its own lot, while the parking lot will become a separate buildable parcel—ideal for ground-up development. Excellent value-add potential with immediate rental income from the existing building and future upside through development of the newly created lot. Preliminary subdivision in progress—buyer to perform all due diligence regarding approvals, zoning, and development potential. Located in a rapidly appreciating area with strong rental demand and new construction activity nearby. Opportunities like this—income + development—are extremely limited in Jersey City.

15-17 Laidlaw Ave, Jc, Heights

$1,150,000
7 Beds 9 Baths 260008189 MLS
Don't miss out on this Exceptional 3 Family Investment Opportunity in the vibrant heart of the Heights section of Jersey City! This versatile home is currently configured as a single-family residence, but offers tremendous potential for conversion into a multi-family dwelling that can be turned into Condos. The spacious layout and prime location make it an ideal investment opportunity with the possibility of generating multiple rental income streams. The property boasts a generous lot size, providing ample space for the construction of an ADU in the rear. This additional living space could be used for rental income, extended family, or a home office. The main house features 2 possible units with ample space for customization and modernization. PROPERTY WILL BE SOLD WITH APPROVED CONSTRUCTION PERMIT!!! Please Contact Jarrett Sutton with any questions.

261 Bowers St, Jc, Heights

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