193 Clerk St, Jersey City, NJ 07305 For Sale

Renovated in 2024, this turnkey 2-family property delivers cash flow and long-term stability. Featuring spacious 3-bedroom and 4-bedroom units, each equipped with in-unit washers and dryers, the building has strong tenant demand and minimal owner headaches since its been recently renovated. Investors will appreciate the separate utilities, newer gas boilers, newer water heaters, and a full, functional basement with two exits all contributing to lower operating costs and reduced maintenance exposure. With low taxes, low insurance, and renovation completed about 24 months ago, this asset is positioned for predictable performance. Current tenant is reliable, well-qualified, and eager to renew their lease, providing continuity for the next owner. Rents total $5,300/month with clear upside to increase rent to keep pace with the market, making this an attractive buy-and-hold opportunity or a smart choice for an owner-occupant looking to significantly offset living costs. Located just a short walk to the light rail, bus line, supermarkets, and local restaurants, the property sits in a high-demand rental corridor with strong commuter appeal.