346 Danforth Avenue

Jersey City, NJ 07305

$1,099,000
Price
8
Beds
4
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Multi-family investment opportunity in Jersey City near Droyer's Point! This home sits on an oversized lot of 31 ft x 126.90 ft and features three spacious apartments + bonus apartment + basement. Renovated at the end of 2018, this home features a two-car garage in the rear of the property and hardwood flooring throughout the home. The finished basement plus half bath presents the chance to generate additional rental income. High NOI and low taxes make it an attractive option for investors looking...Multi-family investment opportunity in Jersey City near Droyer's Point! This home sits on an oversized lot of 31 ft x 126.90 ft and features three spacious apartments + bonus apartment + basement. Renovated at the end of 2018, this home features a two-car garage in the rear of the property and hardwood flooring throughout the home. The finished basement plus half bath presents the chance to generate additional rental income. High NOI and low taxes make it an attractive option for investors looking to maximize their returns. Located near NJCU and the Danforth Light Rail Station.
  1. Listed by KELLY BASTIDAS • IPRG NJ LLC

Property Details for 346 Danforth Avenue

Architectural Style
Contemporary, Multi-Level
Type Of Parking
3+ Cars, Garage, Detached
Area
JC, Greenville
Heating & Cooling
A/C Wall, Baseboard, Gas

Location

Listing Courtesy of IPRG NJ LLC, KELLY BASTIDAS
Add your commute
LISTING UPDATED: 05/27/2024 01:21 PM

Property Details for 346 Danforth Avenue

StatusActive
MLS #240009519
Days on Market15
Taxes$7,296 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type3-4 FAMILY / 3 Family
Year Built-
Lot Size0.09 AC / 3,933 SF
CountyHudson County

Location

Listing Courtesy of IPRG NJ LLC, KELLY BASTIDAS
Add your commute

Building Information for 346 Danforth Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.09 AC / 3,933 SF

Payment Calculator

$6,606 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$608

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 346 Danforth Avenue

Summary
Location and General Information
  • Address: 346 DANFORTH AVE
  • Address Number: 346
  • Address Search Number: 346
  • Between: Fowler Ave and Cator Ave
  • Inclusions: appliances
  • Section: West Bergen
  • Street Name: DANFORTH AVE
  • City Name: JC, Greenville
  • County Or Parish: Hudson
Taxes and HOA Information
  • LVT Date: 05-18-2024
  • Tax Year: 2023
  • Taxes: $7,296
Property
Lot Information
  • Block: 26203
  • Lot: 00051
  • Lot Dimensions: 31 X 126.90
Property and Assessments
  • Associated Document Count: 1
  • Charge: Y
  • Exclusions: personal property
Utilities
  • Utility Expense: $6,000
  • Water Sewer Expense: $3,000
  • Water Sewer Expense Yr: 2022
Interior and Exterior Features
Exterior Features
  • Exterior: Aluminum/Vinyl
Interior Features
  • Basement Description: Finished, Full
  • Basement Half Baths: 1
  • Basement Other: 2
  • Basement Rent: car
  • Fl1 Rooms: 8
  • Fl2 Rooms: 8
  • Fl3 Rooms: 0
  • Fl4 Rooms: 0
  • Floor 1 Bedrooms: 4
  • Floor 1 Full Baths: 2
  • Floor 1 Kitchen: 2
  • Floor 1 Living Rooms: 2
  • Floor 1 Rent: 3850
  • Floor 2 Bedrooms: 4
  • Floor 2 Full Baths: 2
  • Floor 2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Floor 2 Rent: 3200
  • Total Dining Rooms: 0
  • Total Kitchens: 4
  • Total Living Rooms: 4
  • Total Other Rooms: 2
  • Num of Baths: 5
  • Half Baths Total: 1
  • Full Baths Total: 4
  • Num Full Baths: 4
  • Num Half Baths: 1
  • Bedrooms Total: 8
Multi Family
Multi-Family Information
  • Insurance Expense: $4,493
  • Insurance Expense Year: 2023

Property History for 346 Danforth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 346 Danforth Avenue

Taxable ValueLand$91,400Additions$233,300Total$324,700
Tax Record2022$6,877 ($573 / month)
Home Facts
Total Finished SqFt3,056 SqFtAbove Grade Finished SqFt3,056 SqFtStories2Lot Size3,934 SqFtStyleTriplexYear Built1925ZoningI-2CountyHUDSONAPN06 26203-0000-00051

Schools near 346 Danforth Avenue

This home is within Jersey City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Number 20 Elementary School
PublicPK to 5

Ezra L. Nolan No. 40 Middle School
Public6 to 8

Lincoln High School
Public9 to 12

Liberty High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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346 Danforth Avenue is a multi-family home for sale in Jersey City, NJ 07305. This property was listed for sale on May 18, 2024 by IPRG NJ LLC, it's currently listed at $1,099,000. It has been on the market for a total of 15 days and was last sold on September 20, 2018. This listing's school district is Jersey City Public School District. Nearby schools include Number 20 Elementary School, Ezra L. Nolan No. 40 Middle School and Lincoln High School. 346 Danforth Avenue is a 8-bed, 4.5-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IPRG NJ LLC, KELLY BASTIDAS

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 06/03/2024 02:52 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.