FSBO
FSBO - For Sale
$580,000
For Sale by Owner
Listed 8 days ago
7BR Multi-Family for Sale in Jersey City, NJ
56 Wade St, Jersey City, NJ 07305
7 Beds
4 Bath
PropSlick Verified Data
Key facts & insights for this exact address
$5,498
Property Tax / yr
3
Garage Spaces
Hudson
County
Key Facts
Property TypeMulti-Family
Garage Spaces3
Annual Property Tax$5,498
Property Description
Investor & Owner-Occupant Opportunity!! 2 Family Home with Bonus Spaces, Minutes from NYC. Welcome to this spacious two-family home overflowing with potential, ideally located in Hudson County with the Manhattan skyline just moments away. This is a rare chance to build instant equity and generate strong rental income, whether you plan to live in and collect rent or invest and maximize every square foot. The first-floor unit offers 2 bedrooms and a full bath, while the second unit features 3 bedrooms and a full bath. Both units are ready for your personal touch - bring your vision and updates to unlock their full market-rent value. Adding to the appeal, the finished attic provides bonus space with 2 bedrooms, a full bath, a kitchen, and its own private entrance. The finished basement delivers even more flexible living area with 3 additional rooms and a full bath, ready for the new owner's creativity. Recent improvements give you confidence where it counts: the electrical panels were upgraded this year, the roof is approximately 10 years old, and the home is served by a brand-new boiler (one water heater services the property). A private driveway and garage complete the package. First-time buyers can live in one unit while the additional rental income helps cover the mortgage, and investors can put all of this space to work generating returns. Yes, this one needs some TLC - but with a little work, the upside is substantial. Bring your vision and bring it back to life. Sold as-is.
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Amenities and Features
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