9 Baths

$2,750,000

331 BALDWIN AVE, JC, Journal Square NJ, 07306

Property typeCommercial

Overview

Active

Listed Jul 29, 2026

Updated 10h ago

Brick multifamily property in Journal Square generating approximately $188,702 in current NOI. Cap rate at 6.9%, consisting of 9 units across four stories plus a high ceiling basement on an approximately 32.79 x 94.49 lot, with a building footprint of approximately 32.79 x 77. Future opportunities may include renovation, condominium conversion, duplexing the lower units with the basement, and the potential addition of up to two stories, subject to buyer due diligence and municipal confirmation. The property may also be delivered fully vacant, offering added flexibility for a future repositioning strategy. Situated within the Journal Square 2060 zoning area. 10 minutes walking from JSQ PATH and other transportation services to surrounding areas and Manhattan. This offering presents a rare combination of current cash flow, scale, and significant future upside.

Additional information

MLS^® ID: 260015035

Interior Features

Bathrooms: 9
Basement: No

Courtesy of EXP REALTY LLC with MORDY ABELESZ,
Listing Contact: 866-201-6210

The IDX display contains information sourced from the Realty Multiple Listing System, Inc. as of 10/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/22/2026 at 6:15 PM UTC