220 Delaware Ave, Jersey City, NJ 07306

Property Description

A compelling opportunity in the heart of Journal Square, this beautifully updated two-family residence offers an exceptional blend of space, income potential, parking, and convenience. The property features 4 bedrooms, 3 full baths, hardwood floors throughout, and a fully finished walk-out lower level with an additional room currently used as a home office. Recent updates include a new roof and updated plumbing. The first residence includes its own washer and dryer and direct access to a beautifully maintained private backyard, perfect for relaxing or entertaining. A spacious storage shed provides additional storage. One-car on-site parking plus street parking offers added convenience. Unit 1 is currently leased for $2,700/month, while Unit 2 is vacant and estimated at approximately $2,200/month, offering flexibility for an owner-occupant or investor. Ideally located near the Journal Square PATH, major highways, shopping, dining, and neighborhood amenities, with excellent access to Manhattan. A fantastic opportunity to own a well-maintained multifamily property in one of Jersey City's most connected neighborhoods. *Qualified first-time buyers may be eligible for a Valley Bank program offering rates as low as 5.65%, as little as 5% down, and no PMI, subject to qualification, lender guidelines, and program availability.