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908.585.4111
Pinn Realty Inc
245 Summit Ave, Jersey City, NJ 07304
- $1,229,000
- 5
- BD
- 5.1
- BA
- List Price
- $1,229,000
- Days on Market
- 62
- Status
- ACTIVE
- MLS#
- 4047323
- Bedrooms
- 5
- Bathrooms
- 5.1
- Full Baths
- 5
- Half Baths
- 1
- Year Built
- 1844
Property Description
MAKE AN OFFER! Welcome to this beautifully designed income-producing 2022-renovated two-family residence on a rare 128-foot-deep lot in the middle of Journal Square/McGinley Square. Offering modern construction, elevated finishes, private outdoor space, a pre-paid non-deeded parking spot next door, and flexible living, this property combines contemporary luxury with strong rental income. The spacious 3BR/3.5BA duplex includes an open-concept layout, high ceilings, large windows, recessed lighting, and a chef?s kitchen with an oversized quartz island, premium appliances, custom backsplash, and designer-like finishes. The primary suite offers a flex closet/office and spa-inspired bath. The lower level includes a second kitchen, living area, two bedrooms with ensuite baths, laundry, and direct outdoor access. A separate 2BR/2BA residence provides additional privacy and income potential. Generates $7,500/month ($90,000 annually); $8,000-$8.5K/month projected income in 2027! The 3BR/3.5BA duplex is renting for $4,250/month and the 2BR/2BA for $3,250/month. Additional features include central A/C, in-unit laundry, high-end finishes, abundant storage, private parking, and a deep private lot. Conveniently located near Journal Square PATH, restaurants, cafes, and major transportation, 245 Summit Avenue offers an exceptional opportunity for a new owner seeking a modern crown jewel in the rapidly-growing JSQ neighborhood with a finished basement for untapped STR potential.
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Additional Information
- Area
- Jersey City
- Basement Desc
- Finished, French Drain, Full, Walkout
- Utilities
- All Underground, Electric, Gas In Street
- Taxes
- $19,380
- Exterior
- CedarSid, Stucco, Vinyl, Wood
- Lot Size
- 2,143
- Water
- Public Water
- Basement
- Yes
- Cooling
- 2 Units, Ceiling Fan, Central Air
- Interior
- Carbon Monoxide Detector, High Ceilings, See Remarks, Shades, Smoke Detector, Walk-In Closet, Wood Floors
- Roof
- Flat, Rubberized
- Show Address
- Yes
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