Commercial space For Sale in Jersey City, NJ
MLS# : 240001670
PROPERTY DETAILS
PROPERTY DESCRIPTION
Welcome to an excellent investment opportunity in the heart of Jersey City. Presenting a meticulously maintained and fully renovated 7-unit Condo building that is sure to catch the discerning eye of savvy investors. Property Highlights: Modern Living Spaces: Each of the seven units boasts a spacious 2-bedroom, 2-bathroom layout, providing residents with comfortable and contemporary living spaces. Comfort All Year Round: Central Air and Heat ensure that your tenants stay comfortable in every season, creating a welcoming atmosphere throughout the year. Convenient In-Unit Amenities: With in-unit washer/dryer hook-ups, residents can enjoy the convenience of doing laundry in the comfort of their own homes. Gourmet Kitchens: The fully equipped kitchens feature stainless steel appliances, granite countertops, and solid hardwood floors, adding a touch of luxury to daily living. Extra Storage: Additional storage space in the basement allows residents to keep their living spaces clutter-free, enhancing the overall quality of life. Financial Perks: Tenants pay all individual utilities, including water, offering a hassle-free and lucrative investment opportunity for discerning investors. Prime Location: Nestled between NJCU and St. Peter's College, this property enjoys proximity to educational institutions and is conveniently located near schools, shops, parks, and all major transportation routes to NYC. Recent Renovations: The exterior and interior hallways were fully renovated within past 4 years, ensuring a modern and attractive facade that adds to the overall value of the property. Convenient Transportation: Easy access to transportation hubs makes commuting to and from NYC a breeze, making this property an ideal choice for tenants who value convenience. Don't miss out on this exceptional investment opportunity! Contact us today to schedule a private viewing and explore the potential of this well-maintained, fully occupied Condo building. This is your chance to secure a solid investment in a thriving community!
Amenities
This listing is a courtesy of REALTY ONE GROUP HUDSON LLC
201-656-5800 office, listing agent HIDEE ROBBINS
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $638,157 |
| Homes Sold* (12mo): | 202 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $627,653 |
| Apatments Sold* (12mo): | 962 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2021): | 1.603% |
| Effective Tax Rate (2021): | 1.402% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $349,000 - 3,995,000 | 57 avail |
| Condos : | $220,000 - 4,148,000 | 379 avail |
| Co-ops : | $485,000 - 499,000 | 2 avail |
| Twnhs : | $399,000 - 1,699,000 | 14 avail |
| 2-4 Fam : | $380,000 - 3,995,000 | 122 avail |
| 5+ Fam : | $1,100,000 - 2,999,999 | 5 avail |
| Land : | $200,000 - 6,000,000 | 16 avail |
| Rentals : | $1,550 - 5,900 | 44 avail |
| Mixd Use : | $1,100,000 - 3,500,000 | 8 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | $65,000 - 1,250,000 | 10 avail |
