540 Joyce St,City Of Orange Twp., NJ 07050-1413
Joyce St, City Of Orange Twp., Essex
Investors and owner-occupants take note ? a turnkey 2-family with a built-in value-add opportunity in Jersey City.41 Arlington Avenue is a legal 2-family home on an R-1 zoned lot in Jersey City. Two income-producing units in place from day one ? and the opportunity doesn’t stop there.Under Jersey City’s current zoning, an Accessory Dwelling Unit (ADU) is permitted in a detached accessory structure in addition to the units in the principal building. The existing garage on this property is a prime candidate for conversion into a fully legal third unit ? no variance required, no board approval needed. Three doors on one lot.? Legal 2-family | R-1 zoning? 1,734 sq ft lot? ADU permitted in detached accessory structure ? garage conversion opportunity? 3rd income-producing unit without a variance? No off-street parking required? Immediate cash flow with upside built inBuy it as a 2-family. Build the ADU. Own 3 income streams. DISCLAIMER – PROSPECTIVE BUYERS PLEASE DO YOUR OWN DUE DILIGENCE.
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Joyce St, City Of Orange Twp., Essex
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