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Potential on St. Pauls Avenue!

26-28 St. Pauls Avenue , Jersey City, , 07306 Date Posted: September 28, 2018

$990,000

Circa pre 1873

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About This Old House

This house is screaming for a dreamer, motived to fix up a house and property that was once home to generations of families. It sits on a triple lot and includes two accessory structures totalling five garages. The driveway is long and spacious and could accommodate the residents of all three units. There is a screened-in porch that looks out to a grown-in front yard and a grassy rear yard space for kids to play. These amenities in the Jersey City Heights are highly sought after but rarely come to market. In fact, this is the first time the house and lots have been for sale since the 1930s. Original fabric is still present, but the restoration/renovation will be significant. However, given the location (two miles from Manhattan) and access to public transportation (minutes from the Holland Tunnel and Path Train), it’s got to be one of the best opportunities to own and/or rent in the Heights. Since the Heights market continues to explode, the appreciation of this property will only increase over time. This property offers buyers and families a rare opportunity to live in an antique home, take advantage of an oversized property with parking and storage, and collect rental income. It will be sold “as is” and cash is likely the only option because of the condition of the home. Inspectors will be accommodated, but the family cannot invest in any potential fixes, so hence the “as is”.

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