270 1/2 Summit Ave
Listing Notes
This 3 multi-family property offers an excellent investment and homeownership opportunity in the centralized Journal Square neighborhood, with only the second-floor unit currently rented and the lease ending in July 2026 while the first and third-floor units are vacant and move-in ready, allowing immediate income generation. The building features a first-floor 1-bedroom unit, a second-floor 2-bedroom unit, and a third-floor 3-bedroom unit, with both the first and third-floor units recently renovated. Each unit has separate utilities, and sunlight streams through the large bay windows, highlighting the hardwood floors and classic finishes throughout. The property includes a long and private backyard where you can relax in the busy city life. Located directly on Summit Avenue and within walking distance to Journal Square PATH and neighborhood amenities, this property offers the perfect combination of location, flexibility, and rental income potential, while Jersey City is known for its vibrant community, growing shops and restaurants, and convenient proximity to NYC
Price in context
Cheaper than 33% of the 24 homes listed nearby right now, which run $560,000 to $1,350,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 20 Storms Ave Apt 2 | $560,000 | 3 bd · 2 ba |
| 4 Beacon Way Apt 805 | $565,000 | 2 bd · 2 ba |
| 162 Summit Ave | $589,000 | — |
| 9 Howard Pl | $599,000 | 4 bd · 2 ba |
| 4 Beacon Way Apt 1409 | $599,900 | 2 bd · 2 ba |
| 211 Summit Ave Unit 3 | $645,000 | 3 bd · 2 ba |
| 35 Orchard St Unit 802 | $649,000 | 2 bd · 2 ba |
| 35 Orchard St Unit 803 | $649,000 | 2 bd · 2 ba |
| 133 Clifton Pl Unit 2 | $665,000 | 3 bd · 2 ba |
| 133 Clifton Pl Unit 3 | $689,000 | 3 bd · 3 ba |
| 6 Baldwin Ave | $699,000 | 3 bd · 3 ba |
| 68 Jordan Ave Unit 1 | $749,000 | 3 bd · 2 ba |
| 68 Jordan Ave Unit 2 | $775,000 | 3 bd · 2 ba |
| 11 Crawford St | $799,000 | 4 bd · 3 ba |
| 97 Clifton Pl | $799,777 | — |
| 521 Mercer St | $899,000 | 5 bd · 3 ba |
| 62 Van Reypen St | $999,000 | 5 bd · 2 ba |
| 173 Baldwin Ave | $1,060,000 | 4 bd · 2 ba |
| 91 Clifton Pl | $1,130,000 | 7 bd · 4 ba |
| 99 Clifton Pl | $1,150,000 | 8 bd · 4 ba |
| 29 Orchard St | $1,250,000 | 5 bd · 4 ba |
| 245 Summit Ave | $1,298,000 | 5 bd · 6 ba |
| 41-43 Storms Ave | $1,350,000 | 8 bd · 4 ba |
| 41-43 Storms Ave | $1,350,000 | — |
Where it is
For sale Coming soon Recently sold— zoom out for more