220 Delaware AveJersey City, NJ 07306

A compelling opportunity in the heart of journal square this beautifully updated two family residence offers an exceptional combination of space income potential parking and convenience the property comprises four bedrooms and three full bathrooms with hardwood floors throughout and a fully finished walk out lower level featuring an additional room currently used as a home office recent improvements include a new roof and updated plumbing adding further value and peace of mind the first residence features its own washer and dryer and enjoys direct access to a beautifully maintained private backyard creating an inviting setting for outdoor entertaining and relaxation the backyard also features a spacious storage shed providing valuable additional storage one car on site parking along with additional street parking provides convenient options for multiple vehicles unit 1 is currently leased at 2 700 per month while unit 2 is vacant and estimated to command approximately 2 200 per month offering immediate flexibility for an owner occupant or investor ideally positioned near the journal square path major highways shopping dining and neighborhood amenities the home provides excellent connectivity to manhattan a rare opportunity to acquire a well positioned multifamily property with strong income potential in one of jersey city s most connected neighborhoods qualified first time homebuyers may also be eligible for a valley bank financing program offering rates as low as 5 65 as little as 5 down and no pmi subject to borrower qualification lender guidelines and program availability