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$1,265,000
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Property Description
High cash-flow investment opportunity in Jersey City with projected 2025 gross income exceeding $100,000+ and additional upside potential. This oversized, fully renovated single-family property is currently configured for a successful co-living and short-term rental strategy, with all rooms actively rented through Airbnb, demonstrating strong existing rental demand and income potential. The property features 8 bedrooms and 4.5 bathrooms across a spacious layout designed to maximize rental income while offering comfortable living accommodations. Ideal for investors seeking a turnkey asset with immediate cash flow potential. Property Highlights: "¢ 8 Bedrooms | 4.5 Bathrooms "¢ Projected 2025 Gross Income Exceeding $100,000+ "¢ All rooms currently operating as Airbnb rentals "¢ Ideal for co-living, furnished rental, or short-term rental investment strategy "¢ Parking for up to 4 vehicles with private driveway "¢ Tesla charging station "¢ Private backyard "¢ Fully renovated in 2019 with major upgrades including roof, plumbing, electrical, central HVAC, insulation, windows, flooring, tankless hot water system, and security/alarm system Located in Jersey City's rapidly growing Greenville section near the Bergen-Lafayette border, just minutes from the Danforth Avenue Light Rail with direct access to Exchange Place, PATH trains, and Manhattan. Convenient access to Route 440, NJ Turnpike, and I-78 allows for an easy commute throughout Northern New Jersey and NYC. Turnkey condition, strong projected income, multiple rental strategy options, and a high-demand location make this an exceptional addition to any investment portfolio.
Full Property Details
Full Property Details for 48 Danforth Ave
General
- Price: $1,265,000
- Status: Active
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 260008606
- Updated: 5/7/2026
- Added to Site: 16 day(s) ago
Location
- County: Hudson
- Location Details: off Garfield ave
Structural Information
- Construction: Colonial
- Stories in Building: 3
- # of Stores: 3
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
Listed by Weichert Realtors (201) 333-4443
Get Pre-Approved Today
Schools
Schools serving 48 Danforth Ave
School District:Jersey City School District
| Name | Grades | Distance |
|---|---|---|
Number 20 Elementary School 239 Ocean Avenue, Jersey City, NJ 07305 | PK-5 | 0.2 mi |
Ezra L. Nolan No. 40 Middle School 88 Gates Avenue, Jersey City, NJ 07305 | 6-8 | 0.4 mi |
Henry Snyder High School 239 Bergen Avenue, Jersey City, NJ 07305 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48 Danforth Ave
Date
Details
Price
Change
Source
5/07/2026
Listed
$1,265,000
502.38%
MLS
5/04/2018
Sold
$210,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 48 Danforth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,105
5%
$228,600
—
2022
$4,842
32%
$228,600
—
2021
$3,667
32%
$228,600
—
2021
$2,772
-21%
$228,600
—
2019
$3,520
211%
$228,600
200%
2018
$1,132
-81%
$76,100
—
2017
$5,936
1%
$76,100
—
2016
$5,860
3%
$76,100
—
2015
$5,694
—
$76,100
—
2013
$5,682
—
$76,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 Danforth Ave
48 Danforth Ave, Jersey City, NJ 07305 (MLS# 260008606) is a Commercial property. 48 Danforth Ave is currently listed for $1,265,000 and was received on May 07, 2026. Want to learn more about 48 Danforth Ave? Do you have questions about finding other Commercial real estate for sale in Greenville? You can browse all Greenville real estate or contact a Coldwell Banker agent to request more information.

