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$ 1,450,000
Est. payment | /mo
6 Baths
$ 1,450,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240020255
Full Baths 6
Annual Tax Amount $15,760
Lot Dimensions 25X104
Property Description
Located in the desirable Journal Square section of Jersey City, this fully-occupied 5-unit investment property offers a mix of unit sizes, including a spacious 3-bedroom apartment, two 1-bedroom units, a 2-bedroom, and a studio. Utilities are separate for each unit, making it an ideal low-maintenance investment. The clean, unfinished basement provides value-add opportunities, such as adding coin-operated laundry or storage lockers for additional income. With potential for rent increases through standard improvements, this is a solid property for investors, perfect for a 1031 exchange.
Location
State NJ
County Hudson
Area Jc Journal Square
Listed by TRIUMPH GROUP REAL ESTATE
"My job is to build a relationship based on trust with our clients. Trusting us to navigate the complexities of real estate transactions seamlessly, ensuring a smooth and rewarding experience from start to finish. We help you achieve your property goals with confidence and peace of mind."
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