(2) Two-Family Investment with Approved Development Plans | Prime Journal Square Location. Rare opportunity to acquire a fully occupied two-family properties sitting on two adjacent lots (totaling 6,683 SQF) in the heart of Journal Square — just 500 feet from the PATH station. Currently configured as four residential units across two buildings with a combined 11 bedrooms, 4 full bathrooms, and 1 half bath, the property includes 4 private parking spaces and rear yards for both structures. All tenants are currently on month-to-month leases, generating a gross annual income of approximately $127,000 with significant upside potential. Taxes and Sq Footage, etc. per NJ Tax Records and should be independently verified.
For sale
$3,600,000
549-551 Pavonia Ave, Jersey City, NJ 07306
11beds
--sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$3,574,200 Zestimate®
$--/sqft
$-- HOA
What's special
Private parking spacesResidential unitsRear yardsAdjacent lots
- 13 days
- on Zillow |
- 301 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 04:05pm
Listed by:
CINDY WHALEN,
HUDSON DIGS REALTY LLC 201-737-9999
Source: HCMLS,MLS#: 250010137
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central, Baseboard, Natural Gas
Cooling
- Central Air, Window Unit(s), Gas
Features
- Basement: Partially Finished,Unfinished
Property
Parking
- Parking features: 3+ Cars, See Remarks
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
Materials
- Aluminum Siding, Wood Siding
Community & HOA
Location
- Region: Jersey City
Financial & listing details
- Annual tax amount: $21,832
- Date on market: 8/12/2025
- Exclusions: Personal Belongings
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