48 Danforth Ave, Jersey City, NJ 07305

$1,195,000
Active for Sale
 
Listing ID 11839347
Property Type Multi-Unit
County Hudson
Township JC - Greenville
Total Tax $5,132
FEMA Flood Map fema.gov/portal
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8 BR | 4 BA | Jersey City

High cash-flow investment opportunity in Jersey City with projected 2025 gross income exceeding $100,000+ and additional upside potential. This oversized, fully renovated single-family property is currently configured for a successful co-living and short-term rental strategy, with all rooms actively rented through Airbnb, demonstrating strong existing rental demand and income potential. The property features 8 bedrooms and 4.5 bathrooms across a spacious layout designed to maximize rental income while offering comfortable living accommodations. Ideal for investors seeking a turnkey asset with immediate cash flow potential. Property Highlights: â?¢ 8 Bedrooms | 4.5 Bathrooms â?¢ Projected 2025 Gross Income Exceeding $100,000+ â?¢ All rooms currently operating as Airbnb rentals â?¢ Ideal for co-living, furnished rental, or short-term rental investment strategy â?¢ Parking for up to 4 vehicles with private driveway â?¢ Tesla charging station â?¢ Private backyard â?¢ Fully renovated in 2019 with major upgrades including roof, plumbing, electrical, central HVAC, insulation, windows, flooring, tankless hot water system, and security/alarm system Located in Jersey Cityâ??s rapidly growing Greenville section near the Bergen-Lafayette border, just minutes from the Danforth Avenue Light Rail with direct access to Exchange Place, PATH trains, and Manhattan. Convenient access to Route 440, NJ Turnpike, and I-78 allows for an easy commute throughout Northern New Jersey and NYC. Turnkey condition, strong projected income, multiple rental strategy options, and a high-demand location make this an exceptional addition to any investment portfolio.
Property Details
  • 8 Total Bedrooms
  • 4 Full Baths
  • 1 Half Bath
Interior Features
  • Furnished
Taxes and Fees
  • $5,132 Total Tax
Listed By
Weichert, Realtors - Jersey City Downtown
Office: 201-333-4443
Mobile: 917-561-0600
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