430 Ocean Avenue

Jersey City, NJ 07305

$1,100,000
Price
11
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Cash flowing investment opportunity in a renovated (2021) four-family property in Jersey City. The property consists of three-three bedroom one bathroom apartments and one two bedroom and two bathroom apartment totaling four income producing units. Three units are approved for Section 8 Housing. One perfect tenant has been living there for 15 years. Three of the four units have central air, washer and dryer units and dishwashing machines making convenience a luxury in the building. This four-family...Cash flowing investment opportunity in a renovated (2021) four-family property in Jersey City. The property consists of three-three bedroom one bathroom apartments and one two bedroom and two bathroom apartment totaling four income producing units. Three units are approved for Section 8 Housing. One perfect tenant has been living there for 15 years. Three of the four units have central air, washer and dryer units and dishwashing machines making convenience a luxury in the building. This four-family property is located minutes away from bus and light rail transportation and has the potential for further growth in a thriving area. Blocks away from the park, tennis courts, baseball fields and also has a charter school opening up nearby. Don't miss out on the chance to add value to your real estate portfolio with this cash flowing investment.
  1. Listed by JAMES CONTICELLO • KELLER WILLIAMS CITY LIFE REALTY
  2. Listed by THOMAS MISURACA • KELLER WILLIAMS CITY LIFE REALTY

Property Details for 430 Ocean Avenue

Architectural Style
Row House
Type Of Parking
Other-See Remarks
Area
JC, Greenville
Heating & Cooling
Central AC, A/C Window, Gas on Gas

Location

Listing Courtesy of KELLER WILLIAMS CITY LIFE REALTY, JAMES CONTICELLO; KELLER WILLIAMS CITY LIFE REALTY, THOMAS MISURACA
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LISTING UPDATED: 04/10/2024 02:41 PM

Property Details for 430 Ocean Avenue

StatusActive
MLS #240006356
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 4 Family
Year Built-
Lot Size-
CountyHudson County

Location

Listing Courtesy of KELLER WILLIAMS CITY LIFE REALTY, JAMES CONTICELLO; KELLER WILLIAMS CITY LIFE REALTY, THOMAS MISURACA
Add your commute

Payment Calculator

$6,674 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 430 Ocean Avenue

Summary
Location and General Information
  • Address: 430 OCEAN AVE
  • Address Number: 430
  • Address Search Number: 430
  • Between: Woodlawn and Fulton Ave
  • Section: Greenville
  • Street Name: OCEAN AVE
  • City Name: JC, Greenville
  • County Or Parish: Hudson
Owner
  • Owner Name: COLB
Taxes and HOA Information
  • LVT Date: 04-05-2024
  • Tax Year: 2204
Property
Lot Information
  • Block: 25903
  • Lot: 3
Property and Assessments
  • Associated Document Count: 3
  • Charge: Y
Utilities
  • Water Sewer Expense: $4,000
  • Water Sewer Expense Yr: 2023
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Basement Description: Unfinished
  • Fl1 Rooms: 5
  • Fl2 Rooms: 4
  • Fl3 Rooms: 5
  • Fl4 Rooms: 5
  • Floor 1 Bedrooms: 3
  • Floor 1 Full Baths: 1
  • Floor 1 Kitchen: 1
  • Floor 1 Living Rooms: 1
  • Floor 1 Rent: 1850
  • Floor 2 Bedrooms: 2
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 1
  • Floor 2 Living Rooms: 1
  • Floor 2 Rent: 1850
  • Floor 3 Bedrooms: 3
  • Floor 3 Full Baths: 1
  • Floor 3 Kitchens: 1
  • Floor 3 Living Rooms: 1
  • Floor 3 Rent: 2600
  • Floor 4 Bedrooms: 3
  • Floor 4 Full Baths: 1
  • Floor 4 Kitchens: 1
  • Floor 4 Living Rooms: 1
  • Floor 4 Rent: 2150
  • Total Dining Rooms: 0
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Total Other Rooms: 0
  • Num of Baths: 5
  • Half Baths Total: 0
  • Full Baths Total: 5
  • Num Full Baths: 5
  • Num Half Baths: 0
  • Bedrooms Total: 11
Multi Family
Multi-Family Information
  • Insurance Expense: $2,700
  • Other Expense: $5,000

Property History for 430 Ocean Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 430 Ocean Avenue

Taxable ValueLand$78,700Additions$301,500Total$380,200
Tax Record2022$8,053 ($671 / month)
Home Facts
Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories2Lot Size3,032 SqFtStyleQuadraplexYear Built1932ZoningR-2CountyHUDSONAPN06 25903-0000-00003

Schools near 430 Ocean Avenue

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Center For The Arts
PublicPK to 8

Whitney M Young
PublicPK to 8

Lincoln High School
Public9 to 12

James J. Ferris High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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430 Ocean Avenue is a multi-family home for sale in Jersey City, NJ 07305. This property was listed for sale on April 5, 2024 by KELLER WILLIAMS CITY LIFE REALTY, it's currently listed at $1,100,000. It has been on the market for a total of 28 days and was last sold on July 22, 2016. This listing's school district is Jersey City Public School District. Nearby schools include Center For The Arts, Whitney M Young and Lincoln High School. 430 Ocean Avenue is a 11-bed, 5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS CITY LIFE REALTY, JAMES CONTICELLO; KELLER WILLIAMS CITY LIFE REALTY, THOMAS MISURACA

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/03/2024 11:42 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.