506 Pavonia Ave
Listing Notes
Exceptional 4 family investment in the sought after Journal Square neighborhood. Each unit is a well maintained 2BR/1BTH with separate heat and hot water, maximizing tenant appeal. Fully occupied. Located on a quiet, residential street yet steps from commuting options; only three blocks to the PATH and bus terminal and minutes to the Holland Tunnel and major highways. Generous lot provides four private rear parking spaces - a rare and valuable amenity. Perfect for an owner-occupant seeking rental income to help offset the mortgage, a high-yield investment property, or a future condo conversion opportunity; all with significant upside potential.
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $800,000 to $1,899,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 164 Hopkins Ave | $800,000 | 5 bd · 2 ba |
| 28 St Pauls Ave Unit 2 | $840,000 | 3 bd · 2 ba |
| 387 8th St Unit 2L | $845,000 | 2 bd · 1 ba |
| 387 8th St Unit 2K | $845,000 | 2 bd · 1 ba |
| 387 8th St Unit 2J | $845,000 | 2 bd · 1 ba |
| 23 Alan Ter | $849,900 | 4 bd · 3 ba |
| 143 Hopkins Ave | $879,990 | 6 bd · 3 ba |
| 387 8th St Unit 4C | $895,000 | 2 bd · 1 ba |
| 6 Elizabeth St Unit 2 | $899,000 | 3 bd · 2 ba |
| 380 Newark Ave Apt 606 | $975,000 | 2 bd · 2 ba |
| 380 Newark Ave Apt 406 | $999,000 | 2 bd · 2 ba |
| 368 7th St Apt 1 | $999,000 | 2 bd · 1 ba |
| 387 8th St Unit 3B | $1,025,000 | 2 bd · 2 ba |
| 387 8th St Unit 5F | $1,035,000 | 2 bd · 2 ba |
| 173 Baldwin Ave | $1,060,000 | 4 bd · 2 ba |
| 242 Baldwin Ave Apt 1 | $1,150,000 | 4 bd · 3 ba |
| 387 8th St Unit 4I | $1,295,000 | 3 bd · 2 ba |
| 6 Magnolia Ave | $1,300,000 | 5 bd · 4 ba |
| 387 8th St Unit 5N | $1,300,000 | 3 bd · 2 ba |
| 35 Elizabeth St | $1,400,000 | 4 bd · 2 ba |
| 10 Elizabeth St Unit 1 | $1,549,000 | 4 bd · 5 ba |
| 226 Brunswick St | $1,695,000 | 7 bd · 3 ba |
| 38 Court House Pl | $1,795,000 | 8 bd · 6 ba |
| 366 8th St | $1,899,000 | 4 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more
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