77 Giles AveJersey City, NJ 07306

Situated in the heart of the thriving journal square district this property presents a premier investment opportunity within a 2 744 square foot three family residence this well maintained property is uniquely positioned for a value add strategy offering three spacious units each featuring one bedroom and one bathroom a standout feature for any landlord is the full separation of utilities gas electricity and water are all individually metered significantly minimizing owner expenses the building s current status is ideal for immediate cash flow or owner occupancy with two units currently occupied and one vacant unit ready for modernization while the interiors have been meticulously cared for they remain in their classic condition providing a blank canvas for an investor to renovate and capture top of market rents this property allows you to capitalize on the neighborhood s rapid appreciation while enjoying the stability of a turn key layout with long term upside potential the location is a commuter s dream located just blocks from the journal square transportation center with 24 7 path service to manhattan and jersey city s waterfront residents benefit from being a few blocks away from the cultural hub of bergen avenue the historic loew s jersey theatre and the expansive 270 acre lincoln park as the journal square skyline continues to transform with world class developments assets like 77 giles avenue offer a rare combination of residential neighborhood charm and metropolitan convenience making it a cornerstone for any real estate portfolio