2761 KENNEDY BLVD Jc Journal Square, NJ 07306

Investors! Developers! 1031 buyers! Medical Professionals! Mixed use residential/commercial two (2) family corner property with "R-3" zoning located on Kennedy Blvd's "Doctors Row" services by four (4) car parking spaces (parking spaces in JC are getting up to $250. a month), being located 4 blocks to Journal Sq. shopping District & PATH train station. The property's 1st floor commercial space has traditionally been used as a medical office with a waiting room, 4 treatment rooms, receptionist and administrative area, half bath and private doctor office with separate rear entrance. The medical office space primarily has central air and heat. The office space is supplemented by a finished administrative space with a window air conditioner, electric heat and half bath in a walkout basement which is adjacent to a sub-basement that is an ideal storage area. The commercial rental is currently vacant, but the space produced monthly rent of $4,058.18 for the past 2 and half years up to October 31, 2021 (when the tenant vacated) with the commercial tenant paying the electric and gas utilities. Utility Expense*=pse&g for 2nd&3rd floor (1st floor paid their own utility expenses) The 2nd and 3rd floor area is a residential duplex composed of 5 bedrooms, 3 full baths, a formal dining area (currently used as office), spacious living room, beautiful hardwood floors, Solarium Eat-in-kitchen with a new fridge, dw, oven/range. The house is freshly painted with new rugs in the hallway and throughout the 4/5 bedrooms. The 2nd and 3rd floors are serviced by a separate gas steam heat boiler and by in wall air conditioners. Attached is Seller's disclosure for 2761 Kennedy Blvd Jersey City N.J. zoning designation and review, rental comps for min 3 bedroom /min 2 bath rentals the You can view it in person. Preview this tour to determine serious interest. The 360 tour is a in-real-life tour of the building that provides a pdf floor plan, and a 3-d floor plan It is an R-3 zoning detailed explanation is attached. The property's underground oil tank was removed and a "No Further Action" Letter has been issued. The owner also had a new roof recently installed, has had the chimney repointed at roofline and its lining replaced. The central air compressor was replaced within the past 7 years. 4 car Parking is on Bond St.