MLS# : 240006744
Confirmation that exceptional opportunities still exist – an oversized legal six family property with untold future development potential in one of the New York metro's fastest growing areas, Jersey City Heights. Currently generating $16,020 per month, 100 Lincoln Street is a fully detached three-story building on a 25'x111' lot with a full basement that is comprised of six thoroughly modern two bedroom, one-and-a-half bathroom residences with central air conditioning and heating, and full-size in-residence washer/dryers that were completed in 2021. Each fully occupied unit offers residents a private storage area in the basement as well as access to the 945 SF garden at the rear of the property. The impressive scale of the building, which measures nearly 64' deep, combined with ceiling heights of 9'11" on each of its three main floors, allows for incredible flexibility in how these spaces can be utilized. Perfectly positioned in the heart of Jersey City Heights, 100 Lincoln Street is a few blocks from multiple NJ Transit bus lines with service to New York City and the Journal Square PATH station, which offers express service to points in Jersey City, Hoboken and Lower Manhattan. Jersey City Heights presents an exciting, constantly evolving array of boutique shopping, dining, coffee shops and grocery stores as well as easy access to parks, playgrounds as well as the other renowned neighborhoods that make Jersey City such a special place to live. Approximate laser-measured size (gross, including hallways): Basement: 1595 SF; First Floor: 1595 SF; Second Floor: 1595 SF; Third Floor: 1595 SF; Total Gross: 6380 SF.
This listing is a courtesy of COMPASS NEW JERSEY, LLC
201-994-9244 office, listing agent CHARLES RUBENSTEIN
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 |
Average Price* (12mo): | $627,653 |
Apatments Sold* (12mo): | 962 |
Homes : | $345,000 - 3,995,000 | 58 avail |
Condos : | $220,000 - 4,148,000 | 359 avail |
Co-ops : | $499,000 - 499,000 | 1 avail |
Twnhs : | $399,000 - 1,699,000 | 14 avail |
2-4 Fam : | $380,000 - 3,995,000 | 118 avail |
5+ Fam : | $1,100,000 - 2,999,999 | 5 avail |
Land : | $200,000 - 6,000,000 | 16 avail |
Rentals : | $1,550 - 5,900 | 45 avail |
Mixd Use : | $1,100,000 - 3,500,000 | 8 avail |
Com S : | - | |
Com L : | - | |
Biz : | $65,000 - 1,250,000 | 9 avail |
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All information deemed reliable but not guaranteed. Last date updated: 05/02/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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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
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