557 Ocean Ave Jersey City, NJ $ 1,650,000
557 Ocean Ave
$ 1,650,000
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557 Ocean Ave

Jersey City, NJ, 07305
$ 1,650,000
Bedrooms11 Baths6.0

Monthly Estimate*

$ 11,396

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Multi-Family Home for sale in Jersey City, NJ

for $1,650,000 with 11 bedrooms and 6 full baths.

557 Ocean Ave. in Jersey City - Turn key mixed use investment property consisting of 5 residential units and a well established grocery / convenience store. Above the commercial units are two spacious pre war 4 bedroom / 1 bathroom corner units sporting high ceilings, exposed brick, hard wood floors and an abundance of natural light. On the Wilkinson Ave side are three completely renovated units with new high efficiency ductless heating and cooling systems, sleek kitchens, and rich dark hardwoods: A highly coveted private 2 car garage with curb cut, Apt 1, 1 bedroom + office / bonus room, Apt 2 has all the same high end finishes, 1 bedroom, bonus room and an expansive great room, and Apt 3 another 1 bedroom with an open concept floor plan. Strong cash flow from the 6 tenants, plus the recently renovated worry free apartments make 557 Ocean Ave an ideal addition to any real estate portfolio. Close to public transportation, shopping, parks, schools, cafes, restuarants and a 30 minute in NYC. Fully occupied with a gross rent of $155k.

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Multi-Family Active

Price

$ 1,650,000

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 24,000

Style

Town/City

Jersey City

County/Region

Hudson

MLS | Web ID

260022719

Features
General
Status Active ACTIVE
Stories Count 3
County Hudson
Class CI INVESTMENT - SALE ONLY
Type Investment
Block 23501
Sale/Rent For Sale
Status Detail 0
Area JC Bergen-Lafayette
City JC Bergen-Lafayett
Taxes 24000
DOM 1
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Interior
Total Number of Units 6
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Exterior
Lot 45
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* Excluded Features
List By
Corcoran Infinity Properties

Broker

(201) 768-6868

Phone

Affordability Calculator

$13,396
Per Month
85%
15%
0%
Monthly Principal & Interest
$11,396
Monthly Property Taxes
$2,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
562271 Elementary School
562272 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2026$1,650,000 Listed Price

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557 Ocean Ave, Jersey City, NJ, 07305 is a Multi-Family Home for sale at $1,650,000. 557 Ocean Ave has 11 bedrooms and 6.0 baths. The property's zip code is 07305 which is in Jersey City, NJ