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220 Delaware Ave

Jersey City, NJ 07306
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Bed 4

Bed

Bath 3

Bath

A compelling opportunity in the heart of Journal Square, this beautifully updated two-family residence offers an exceptional combination of space, income potential, parking, and convenience. The property comprises four bedrooms and three full bathrooms, with hardwood floors throughout and a fully finished walk-out lower level featuring an additional room currently used as a home office. Recent improvements include a new roof and updated plumbing, adding further value and peace of mind. The first residence features its own washer and dryer and enjoys direct access to a beautifully maintained private backyard, creating an inviting setting for outdoor entertaining and relaxation. The backyard also features a spacious storage shed, providing valuable additional storage. One-car on-site parki ng, along with additional street parking, provides convenient options for multiple vehicles. Unit 1 is currently leased at $2,700 per month, while Unit 2 is vacant and estimated to command approximately $2,200 per month, offering immediate flexibility for an owner-occupant or investor. Ideally positioned near the Journal Square PATH, major highways, shopping, dining, and neighborhood amenities, the home provides excellent connectivity to Manhattan. A rare opportunity to acquire a well-positioned multifamily property with strong income potential in one of Jersey City’s most connected neighborhoods. *Qualified first-time homebuyers may also be eligible for a Valley Bank financing program offering rates as low as 5.65%, as little as 5% down, and no PMI, subject to borrower qualification, lender guidelines, and program availability.

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Detail Ic Property Details

Property Type : Residential Income

Price : $799,000

AD Id : 90501999

MLS Id : 260017158

Beds : 4

Year Built : --

Garage : 1

County : Hudson

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Finished, Full
  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air, Window Unit(s)

  • Building Information

    Construction Materials: Aluminum Siding Private Pool: No

  • Listing Price Information

    Listing Price: $799000

  • Tax Information

    Tax Lot: 34 Tax Year: 2025 Annual Tax: $6994

  • Garage Information

    Garage Space: 1
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ByOwner last updated this listing 08/28/2026 @ 05:02

MLS: 260017158 LISTED BY: JILL BIGGS, COLDWELL BANKER REALTY 201-212-5026 SOURCE: Hudson County MLS

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