Commercial space For Sale in Jersey City, NJ
MLS# : 180009128
424 Whiton is a brand new-construction, concrete and steel, ENERGY STAR rated, 30-unit, luxury apartment building located in one of the most highly anticipated "new" neighborhoods just outside of DOWNTOWN Jersey City. The unit mix consists of (10) two-bedroom, (5) one-bedroom + den, and (15) one-bedroom residential units, 3 units have 500 sq/ft balconies, and several with city views. Building amenities include an elevator, common outdoor roof deck, 14 covered parking spaces, virtual doorman, wheelchair access, mail/package room, in-unit washer/dryer, as well as high-end finishes. A more centrally located option than Journal Square, it is no wonder that many of New Jersey's premier and in-the-know developers have already broken ground in the immediate area. With hundreds of units currently being built and hundreds more on the way, the triple digit appreciation that Bergen Lafayette has experienced over the last two years is destined to grow even stronger. Conveniently located just four short blocks north of the Liberty State Park Station (5 minute walk), which brings commuters to downtown Jersey City in 3 minutes (1 stop) and to Exchange Place to Manhattan in 9 minutes (4 stops), 424 Whiton is an attractive alternative to those seeking a downtown living experience at a more affordable rate. Liberty State Park is a 10-minute stroll down Johnston Ave while Communipaw Ave, booming with new mixed-use development, offers residents trendy new coffee shops, bars and restaurants in under 10 minutes walking as well. The subject offering is a rare opportunity to get in early and own a meticulously crafted apartment building in the most exciting and well-positioned Ã¢Â€ÂœnewÃ¢Â€Â neighborhood in Jersey City. The asset is turn-key and offers investors a strong return and will surely benefit enormously from the vast amount of mixed-use and residential development currently underway in the immediate area.
This listing is a courtesy of VUE REALTY GROUP LLC
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About Jersey City, NJ
|Total Housing Units:||104,018|
|Single Family Homes:||36,684|
|General Tax Rate (2017):||7.800% Compare To Other Towns|
Jersey City Market Indicators
|Average Price* (12mo):||$415,820|
|Homes Sold* (12mo):||289|
Real Estate Taxes
|General Tax Rate (2017):||7.800%|
|Compare To Other Towns|
|Homes :||$118,800 - 2,395,000||304 avail|
|Condos :||$185,000 - 1,675,000||57 avail|
|Co-ops :||$499,000 - 895,000||2 avail|
|2-4 Fam :||$115,500 - 3,495,000||671 avail|
|5+ Fam :||$1,150,000 - 1,675,000||4 avail|
|Land :||$50,000 - 5,900,000||65 avail|
|Rentals :||$1,075 - 1,350,000||124 avail|
|Mixd Use :||$439,000 - 2,699,000||6 avail|
|Com S :||-|
|Com L :||-|
|Biz :||$15,000 - 2,500,000||39 avail|
Similar Listings in Jersey City
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NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 10/19/2018 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2018 New Jersey Multiple Listing Service, Inc. All rights reserved.”
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