Jersey City, NJ 07305 · Investment · For Sale · MLS 260013333
48 Danforth Ave
$1,195,000
Investment
Use
1
Units
3
Parking spaces
16
Days Listed
About this property
High cash-flow investment opportunity in Jersey City with projected 2025 gross income exceeding $100,000+ and additional upside potential. This oversized, fully renovated single-family property is currently configured for a successful co-living and short-term rental strategy, with all rooms actively rented through Airbnb, demonstrating strong existing rental demand and income potential. The property features 8 bedrooms and 4.5 bathrooms across a spacious layout designed to maximize rental income while offering comfortable living accommodations. Ideal for investors seeking a turnkey asset with immediate cash flow potential. Property Highlights: • 8 Bedrooms | 4.5 Bathrooms • Projected 2025 Gross Income Exceeding $100,000+ • All rooms currently operating as Airbnb rentals • Ideal for co-living, furnished rental, or short-term rental investment strategy • Parking for up to 4 vehicles with private driveway • Tesla charging station • Private backyard • Fully renovated in 2019 with major upgrades including roof, plumbing, electrical, central HVAC, insulation, windows, flooring, tankless hot water system, and security/alarm system Located in Jersey City’s rapidly growing Greenville section near the Bergen-Lafayette border, just minutes from the Danforth Avenue Light Rail with direct access to Exchange Place, PATH trains, and Manhattan. Convenient access to Route 440, NJ Turnpike, and
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07305
MLS #260013333
Space
Units1
Stories3
ConstructionColonial
Site & exposure
Parking spaces3
Investment
Annual taxes$5,132
Est. gross income$100,165
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Jersey City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 48 Danforth Ave?
The asking price is $1,195,000.
What is 48 Danforth Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Jersey City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 48 Danforth Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
