88 LEXINGTON AVE

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Address: 88 Lexington Ave, Jersey City, NJ 07304, USA
New York & Tri-State + Apartment Buildings
Created date: June 5, 2026
Date last updated: September 13, 2026
Price: $599,000Investment Analyzer NEW!

Property Description

Giant Legal Detached vacant 2-Family on West Side of Jersey City. Approved Architect Plans from Jersey City for a complete gut rehab. Project is shovel ready and work can begin day one. Approved as 4 Bedrooms / 2 Full Baths on First Floor with a Duplex basement. Basement runs the entire area of the first floor and has higher than normal ceilings. 2nd Floor is same 4 bedroom / 2 full bath layout. Each floor is approximately 1350 sq ft. Can modify to large 3 bedroom layout on either floor as well. Building is completely gutted to the studs. Rough plumbing for under the basement concrete slab has been completed. Perfect for an owner looking to capitalize on the crazy rental market. 2nd Floor alone can rent for $3,500 easy. Buyer can Condo the building out and sell each unit separately. Located between Kennedy Blvd and West Side Ave, just a few blocks south of Communipaw Ave.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $599,000
Year Built: 1906
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 5
Address: 88 LEXINGTON AVE, Jersey City, NJ 07304, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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