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191-195 Newark Ave

Jersey City, Downtown, NJ 07302
  • $7,000,000
  • STATUS: Active
  • ON SITE: 203 Days
  • MLS #: 230013247
$7,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 13
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

New on the market, a rare and unique investment, mixed use property located in the pedestrian section of Downtown Jersey City. Corner of Newark and Jersey Aves. Block and half from Grove St. Path Train Station. 9 residential and 4 commercial units. Fully rented with upside rent. Separate utilities. Most of the residential units have been upgraded. Convenient to everything. This is a great investment opportunity with a cap rate of more than 4% and it can be increased in short time.

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© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-02-28T00:26:00.787.
www.sellwithsikora.com/homes/142237348
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191-195 Newark Ave Jersey City, Downtown, NJ 07302

  • Price: $7,000,000
  • Status: Active
  • On Site: 203 Days
  • MLS #: 230013247
0
Beds
13
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Downtown
County:
Hudson
Area:
Jersey City, Downtown
Property Description
New on the market, a rare and unique investment, mixed use property located in the pedestrian section of Downtown Jersey City. Corner of Newark and Jersey Aves. Block and half from Grove St. Path Train Station. 9 residential and 4 commercial units. Fully rented with upside rent. Separate utilities. Most of the residential units have been upgraded. Convenient to everything. This is a great investment opportunity with a cap rate of more than 4% and it can be increased in short time.
Exterior Features

Construction Brick Lot Size 55' x 104' and 16' x 55' Number Parking Spaces n/a Stories 4

Interior Features

One Bedrooms 3 Two Bedrooms 6

Property Features

Approximate Building Age 153 Commercial Type Investment Easements No Elevators No Fuel Electric Gross Income 406788.00 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 27780.00 Taxes 34161

Listing provided courtesy of COLDWELL BANKER REALTY:201-963-1400.


© 2024 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than eXp Realty are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-02-28T00:26:00.787.
 
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eXp Realty
28 Valley Rd Suite 1
Montclair NJ, 07042