270 1/2 Summit Ave, Jersey City, NJ 07306

Property Description

This 3 multi-family property offers an excellent investment and homeownership opportunity in the centralized Journal Square neighborhood, with only the second-floor unit currently rented and the lease ending in July 2026 while the first and third-floor units are vacant and move-in ready, allowing immediate income generation. The building features a first-floor 1-bedroom unit, a second-floor 2-bedroom unit, and a third-floor 3-bedroom unit, with both the first and third-floor units recently renovated. Each unit has separate utilities, and sunlight streams through the large bay windows, highlighting the hardwood floors and classic finishes throughout. The property includes a long and private backyard where you can relax in the busy city life. Located directly on Summit Avenue and within walking distance to Journal Square PATH and neighborhood amenities, this property offers the perfect combination of location, flexibility, and rental income potential, while Jersey City is known for its vibrant community, growing shops and restaurants, and convenient proximity to NYC