35 Wayne Street Multifamily Property In Jersey City Sold For $2 Million With Seller's Rep Patrick Southern

35 Wayne Street is a historic 2-family home located on a 30-foot lot in Jersey City. It was sold for a transaction price of $2,000,000. The property features modern renovations while preserving its 200-year-old charm. The garden-level unit operates as a successful Airbnb, generating approximately $50,000 annually, and offers convenient access to the Grove Street PATH station for easy transit to New York City.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Address: 35 Wayne Street
• Market: Jersey City
• Seller's Representative: Patrick Southern - Coldwell Banker

Patrick Southern represented the seller in this transaction through Coldwell Banker, facilitating the sale of this unique property that combines historic architecture with modern income-generating features. The successful operation of the garden-level unit as an Airbnb reflects the property's appeal within the local rental market.