2 two family investment with approved development plans prime journal square location rare opportunity to acquire a fully occupied two family properties sitting on two adjacent lots totaling 6 683 sqf in the heart of journal square just 500 feet from the path station currently configured as four residential units across two buildings with a combined 11 bedrooms 4 full bathrooms and 1 half bath the property includes 4 private parking spaces and rear yards for both structures all tenants are currently on month to month leases generating a gross annual income of approximately 127 000 with significant upside potential taxes and sq footage etc per nj tax records and should be independently verified
Listed by Cindy Whalen
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License #858211739
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HUDSON DIGS REALTY LLC
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201-737-9999
Last updated August 12, 2025
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Source: HCMLS #250010137
Listing Facts
TypeMulti-family
NeighborhoodFive Corners
Days on Prevu111
Taxes$1,819.33/month
Location
Mortgage Calculator
Listing History
08/13/2025
Status changed to Active
$3,600,000
08/13/2025
Price Increased
$3,600,000
07/25/2025
Status changed to In Contract
$2,900,000
05/20/2025
Listed by HUDSON DIGS REALTY LLC
$2,900,000
Property Details for 549-551 Pavonia Ave
Financial
Taxes
Tax Annual Amount: $21,832.00
Interior
Rooms
Bathrooms Half: 4
Bedrooms Total: 11
Other
General
Exclusions: Personal Belongings
Location
Tax Block: 9606
Tax Lot: 41 & 42
Based on information from HCMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.