ACTIVE

632 ADAMS ST

Hoboken NJ, 07039

$3,250,000


ACTIVE

10 Baths

Commercial

Unicorn in Hoboken! -1 of a kind Investment property in the heart of hoboken offers a smart buyer so many investment opportunities. The main block bldg has 4 2br/2bath apts of about 1000 sq ft. hardwood floors and renovated kitchens and 2 full baths. Single family home is wood and siding and part of this parcel and is a 2BR w/1.5 baths. Note:(1 fam & 4 fam cannot be sold separately w/o condo conversion). This property is centrally located across from the popular Citadel bldg and is walking distance to the Light Rail PATH, bus to NYC ,Church, Parks and food stores. Rents are registered. But many allowed rent decontrol adjustments, Tax, water/sewer surcharges have not been implemented yet offering an amazing upside potential. There are many opportunities available for a strong investor ti increase cash flow by implementing the rent raises as leases renew or tenants vacate. Condo conversion is a strong possibility with the 1 family being delivered vacant for immediate reno and sale. NOTES: Garages are not rent controlled. Mortgage or bank statement/accountant letter prequalification letter required to be submitted or conversation w/LA, prior to making an appt to view this property.

240006242

MLS ID

April 4, 2024

Listed

May 9, 2024

Updated

Map

632 ADAMS ST
Hoboken NJ, 07039

Interior Features

Total Stories

3


Total Bathrooms

10


Full Bathrooms

9


Half Bathrooms

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Hoboken


Days on Market

29


Garage

No


View

No


County

Hudson


Pool

No

Listing History

Date

Event

Price

5/2/2024

Price Change

$3,250,000

-8%

Courtesy of LIBERTY REALTY LLC with STEVEN MILLER,
Listing Contact: 201-610-1010 

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Data last updated on 5/9/2024 at 10:11 AM UTC

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