5BR Multi-Family for Sale in Jersey City, NJ

Opportunity awaits at 89 Ferry St in the highly sought-after Jersey City Heights. This classic three-family property offers three full floors of living space with one unit per floor, making it an ideal opportunity for both investors and owner-occupants looking to generate rental income. The first-floor unit features a 1-bedroom, 1-bathroom layout with approximately 677 sq ft of living space and is currently vacant, offering immediate flexibility for an owner-occupant or the opportunity to set market rent. The second and third floors each offer spacious 2-bedroom, 1-bathroom units, both approximately 953 sq ft, and are currently rented to tenants, providing built-in income from day one. A standout feature of the property is the ample parking, which is a rare find in the Heights. The home includes a one-car garage along with a driveway that can accommodate up to four additional vehicles, offering significant convenience for both owners and tenants. The property does require updating, presenting the perfect chance for a new owner to renovate and increase value. Buyers can live in one unit while renting the other two, or reposition the building as a fully income-producing investment property in one of Jersey City's most desirable neighborhoods. Located just moments from local parks, shopping, dining, and public transportation, residents enjoy convenient access to everything the Heights has to offer, along with easy commuting options to New York City and throughout Hudson County. Whether you're looking to create a long-term investment, renovate and maximize rents, or secure a home with built-in income, 89 Ferry St presents a rare opportunity in a strong and continually growing Jersey City market. Please note property is being sold AS-IS. Will not be delivered vacant.