91 Romaine Ave Unit 1-7 Jersey City, NJ 07306
Journal Square NeighborhoodEstimated payment $9,891/month
Highlights
- Hot Water Heating System
- Liberty High School Rated A-
- 2-minute walk to Brett Triangle
About This Home
Developers and Multifamily Investors Delight! Welcome to 91 Romaine Ave, a premium 3 story, 7-unit residential building in the heart of Journal Square, on an oversized 3,337 SQFT oversized lot in R3 Zone. Property is fully occupied with below market rents, offering an upside of up to 59%. Four of the 7 units have been recently renovated. Each unit comes with its own water boiler and PSEG meters. Landlord pays for water, sewer, common electric, trash removal and pest control. Buy and Great Investment with high appreciation in an excellent location. Current R3 Zoning allows for a 4 story building. Collect rents while the land/property appreciates at 8% - 10% yearly rate in the fastest redeveloping neighborhood of Jersey City, Prime Journal Square sub-market. Minutes to Journal Square Path Train, direct trains to NYC Downtown at World Trade Center and Midtown at 33rd Street Station.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,705
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 15 Bedrooms | 3 Main Level Bedrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Heating System
Additional Features
- Multi-Level Property
- Lot Dimensions are 33.37x100
- Partially Finished Basement
Community Details
- Insurance Expense $5,567
- Water Sewer Expense $5,844
Listing and Financial Details
- Legal Lot and Block 47 / 10502
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $1,600,000 | -- | -- |
Source: Hudson County MLS
MLS Number: 250024961
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