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About This Home
This 5-bedroom, 5-bathroom residential multi family at 41 Arlington Ave. in Jersey City, NJ is listed for $799,900. Built in 1890, on a N/A lot.
Investors and owner-occupants take note ? a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one ? and the opportunity doesn't stop there.Under Jersey City's current zoning, an Accessory Dwelling Unit (A
DU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit ? no variance required, no board approval needed.
Three doors on one lot.? Legal 2-family | R-1 zoning? 1,734 sq ft lot? ADU permitted in detached accessory structure ? garage conversion opportunity? 3rd income-producing unit without a variance? No off-street parking required? Immediate cash flow with upside built inBuy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER - PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.
Key Features
- Built in 1890
Property Details
Monthly Cost Estimate
$4,278/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
41 Arlington Ave.
Jersey City, NJ 07305-4201
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom residential multi family at 41 Arlington Ave. is listed at $799,900. The estimated monthly payment is $3,466 based on 20% down at 6.5% interest.
Key features include: Built in 1890.
This property is listed by CHRISTOPHER STEAD and can be reached at 9734504000 or jvelasquezreo@verizon.net.
