MLS# : 260010762
Exceptional new construction 2-family + ADU investment opportunity in the heart of Journal Square. Designed with both owner-occupants and investors in mind, this thoughtfully crafted property features two spacious residences in the front building, each offering 3 bedrooms, 2.5 bathrooms, and a dedicated home office—perfect for today's flexible lifestyle. Each front unit showcases modern finishes, open-concept living spaces, designer kitchens, and generous bedroom layouts, creating an ideal blend of comfort and functionality. The primary suites feature private en-suite baths, while the additional powder rooms provide added convenience for guests. At the rear of the property, a beautifully designed accessory dwelling unit (ADU) offers 1 bedroom and 1.5 bathrooms, making it an excellent option for rental income, extended family, or a private guest residence. Built with quality craftsmanship and contemporary design throughout, this rare multi-family property presents an outstanding opportunity to generate strong rental income while enjoying all the benefits of new construction. Conveniently located near Journal Square PATH, shopping, dining, parks, and major transportation routes, this is urban living and investing at its finest. Property still under construction. Buyer can select finishes if they act fast!
This listing is a courtesy of WEICHERT REALTORS
201-333-4443 office, listing agent DENNIS MCGILL
| Population: | 289,691 |
| Total Housing Units: | 132,636 |
| Single Family Homes: | 9,795 |
| Apartments: | 122,774 |
| General Tax Rate (2025): | 2.335% |
| Effective Tax Rate (2025): | 1.847% |
| Compare To Other Towns |
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
| Homes : | $399,000 - 2,395,000 | 60 |
| Condos : | $165,000 - 6,499,000 | 587 |
| Co-ops : | $397,500 - 664,000 | 8 |
| Twnhs : | $339,900 - 2,300,000 | 13 |
| 2-4 Fam : | $415,000 - 1,999,999 | 135 |
| 5+ Fam : | $1,550,000 - 1,550,000 | 1 |
| Land : | $399,000 - 4,800,000 | 25 |
| Rentals : | $1,600 - 5,300 | 36 |
| Mixd Use : | $1,550,000 - 1,550,000 | 1 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $30,000 - 1,295,000 | 10 |
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All information deemed reliable but not guaranteed. Last date updated: 06/05/2026 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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