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430 Ocean Ave, Jersey City, NJ 07305
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$1,030,000
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Home Details for 430 Ocean Ave
Price
$1,030,000
Type
Multi Family
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
5
Year Build
1932
County
Hudson
Total Rooms
16
Basement
Unfinished
Tax
$8,489
MLS®️ Listing#
3966728
On exitrealty.com
172 days
Property Description
We are thrilled to present a prime investment opportunity in a rapidly developing neighborhood defined by strong job growth, new parks, convenient transit options, and major upcoming projects. Perfectly positioned near the Liberty Science Center expansion, SciTech City, Canal Crossing, and CineLease Studios, this property sits at the center of Jersey City?s next wave of transformation. Building features four units, three of which have been fully renovated with open layouts, modern kitchens with stainless steel appliances, in-unit washer/dryer, central HVAC, and hardwood floors. One of the renovated units includes an ensuite bath and private backyard access. The first-floor unit, currently unrenovated, offers a unique opportunity to convert into retail or mixed-use space, with potential for additional lower-level expansion given its commercial zoning. Surrounding developments?SciTech, CineLease, two new high schools, and Canal Crossing?come to fruition, the area is expected to welcome over 10,000 new residents creating tremendous demand for housing and retail. The neighborhood is also benefitting from newly constructed parks and playgrounds and Light Rail access connecting directly to hospitals and major employers. Property offers strong income potential through market-rate rentals, a long-term 15-year tenant, and secured workforce housing under a five-year lease. Don?t miss your chance to invest in this high-growth area with exceptional upside. Schedule your tour today!
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- Heating Information
- Heat Pump
- Natural Gas
- Cooling Information
- Central Air
- Water Features
- Public
- Utilities
- Natural Gas Available
- Basement
- Unfinished
Listing Courtesy: CHRISTIE'S INT. REAL ESTATE GROUP - 201-962-9551
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2025 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
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$1,030,000
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EXIT REALTY URBAN LIVING
150 Bay Street, Unit 308, Jersey City, NJ 07302