Jersey City, NJ 07304 · Investment · For Sale · MLS 250025497
571 West Side Ave
$1,200,000
Investment
Use
6
Units
197
Days Listed
About this property
571 West Side Avenue is a rare value-add multifamily asset in one of Jersey City’s most active and transit-connected commercial corridors. This property offers immediate upside through below-market rents, tenant-paid heat and hot water, and three vacant units—the perfect starting point for a full capital improvement program. Sitting on a 31 ft wide lot, the building features classic 2-bedroom railroad-style layouts with strong rental demand and excellent long-term appreciation potential. Located just one block from Lincoln Park and steps from major bus routes, shops, and neighborhood conveniences, this building benefits from steady foot traffic, strong tenant appeal, and exceptional accessibility for commuters. With high upside and the ability to implement capital improvements immediately, 571 West Side Avenue is an ideal acquisition for investors seeking both stability and growth in a prime Jersey City location.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationJersey City, NJ 07304
MLS #250025497
Space
Units6
Stories3
Investment
Annual taxes$13,500
Est. gross income$106,500
Rent controlYes
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 571 West Side Ave?
The asking price is $1,200,000.
What is 571 West Side 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 571 West Side 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.
