About This Home

This 8-bedroom, 5-bathroom residential multi family at 88 LEXINGTON AVE in Jersey City, NJ is listed for $599,000. Built in 1906, on a 0.05 acres lot.

Key Features

  • Built in 1906
  • 0.05 acre lot

Property Details

5 full
1906
Listing 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.

Monthly Cost Estimate

$3,204/mo

20% down · 6.5% · 30 years

Principal$433
Interest$2,596
Insurance$175

Estimates only. Actual payments may vary.

Location

88 LEXINGTON AVE

Jersey City, NJ 07304

Questions & Answers

This 8-bedroom, 5-bathroom residential multi family at 88 LEXINGTON AVE is listed at $599,000. The estimated monthly payment is $3,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1906, 0.05 acre lot.

This property is listed by QIZHAN YAO.

QY

QIZHAN YAO

Agent at Realmart Realty, LLC

Listed by Realmart Realty, LLC · Broker phone: (732) 727-2285 · View on Broker Site · Broker website

MLS# 260010853· Source: Realty MLS, Inc.· 145 days on PropertySimple

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

88 LEXINGTON AVE, Jersey City, NJ 07304

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