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6A Baldwin Ave, Jersey City, NJ, 07304

3beds
3baths
--sqft
$699,000
--price/sqft
$4,937/moest. monthly cost
$197,480/yrincome needed

About This Home

Rare Opportunity – Three Units in Journal Square for Under $700,000! Positioned in one of Jersey City's continuously growing neighborhoods, this property presents an exceptional opportunity to acquire a three-family investment property in the heart of Journal Square for less than $700,000. Whether you're a seasoned investor or looking to expand your portfolio, opportunities like this are becoming increasingly difficult to find. The property features three 1-bedroom, 1-bathroom apartments, each with separate utilities, helping minimize operating expenses while maximizing cash flow potential. Combined with low taxes and low carrying costs, this is an attractive long-term hold in a neighborhood experiencing significant transformation. Directly across the street, a newly approved 166-unit residential development is underway, further reinforcing the area's continued growth and investment. As Journal Square and Bergen Lafayette continue to evolve with new residential projects, infrastructure improvements, and increasing demand from both renters and buyers, properties like this are well positioned for future appreciation and rental growth. Located just minutes from the Journal Square PATH Station, Downtown Jersey City, Liberty State Park, and major highways, the property offers outstanding connectivity for commuters traveling to Manhattan and throughout Northern New Jersey. Investment opportunities offering three units in Journal Square at this price point are becoming increasingly scarce. Don't miss your chance to secure an asset in one of Hudson County's most dynamic and rapidly appreciating neighborhoods.

Getting Around

93
WalkingWalker's Paradise
71
TransitExcellent Transit
60
BikeBikeable

Schools

Construction

Materials

  • Construction materials: Brick,Stone

Type & Style

  • Home type: MultiFamily
  • Architectural style: Multi Level

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s)

Property

Details

  • Exclusions: tenants personal property

Parking

  • Parking features: See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,534$42,408
Home Insurance *$302$3,624
Property Taxes $908$10,896
Electricity $193$2,318
Total$4,937$59,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$169,268/yr
40% on housing$148,110/yr
45% on housing$131,653/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07304$386
Hudson County$473

vs Homes Sold Last Month

Median $/sqft

ZIP 07304$412
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$699,000

For Sale by Agent

AgentNICHOLAS STEPHEN PRONTI
BrokeragePROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY

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