665 Capital Ventures ← All projects
Held · Income producing

Jersey City, New Jersey

82 Madison Avenue

A dated three-family townhouse rebuilt as furnished housing for professionals relocating to the New York metropolitan area. All three units legal and permitted.

$695,000 Purchase
$200,000 Renovation
$1,330,000 Appraised May 2025
$9,900 Monthly rent

The work

Rebuilt around
how people live

The building arrived with closed, inefficient layouts, worn common stairs, and dated finishes throughout. Rather than refresh three similar apartments, we rebuilt each unit around a different tenant profile — and combined two floors into a single duplex for the one that mattered most.

The renovation covered the full building envelope and interior, and the $200,000 figure includes the furniture package. Every unit is legal and permitted.

  • Unit 1 converted to a two-bedroom, two-bath duplex
  • Eat-in kitchen with oversized waterfall island
  • Open-concept living and dining across all units
  • Spa-inspired bathrooms with floating vanities
  • Luxury vinyl plank flooring throughout
  • Recessed LED lighting and new fixtures
  • Charcoal façade, new front door and porch
  • Landscaped private courtyard lounge
  • Restored original architectural detail
  • Full professional furnishing package

Photography

Units 1, 2, & 3

Before · Facade
After · Facade
Before · Bathroom
After · Bathroom
Before · Kitchen
After · Kitchen
Before · Interior
After · Interior
Before · Interior
After · Interior
Before · kitchen
After · Kitchen

Tenancy

Three units,
three tenants

Units 1 and 2 are let furnished on flexible terms to executives, attorneys, and physicians on assignment. Unit 3 is let unfurnished on a conventional lease.

UnitConfigurationTermsMonthly
1 2 bed / 2 bath duplex Furnished $4,000
2 Apartment Furnished $3,500
3 Apartment Unfurnished $2,400