MLS# : 250014230
Located in the heart of Jersey City’s West Bergen neighborhood, this 6-unit mixed-use building offers strong cash flow potential, low expenses, and long-term upside with a 9% projected cap rate. Includes four residential units (featuring spacious 2- and 3-bedroom layouts) and two commercial spaces, with five of six units already vacant and ready to rent. Interiors of the residential units are already renovated, featuring hardwood floors, brand-new appliances, and a cost-efficient setup where tenants control their own outside hallway light sensors, reducing electric costs for the cost-conscious investor. Surrounded by shops, restaurants, schools, and NYC-bound bus lines, and just 10 minutes from Lincoln Park — this is the kind of asset that rarely hits the market.
This listing is a courtesy of KELLER WILLIAMS TEAM REALTY
973-253-2800 office, listing agent SANDY MELAD
Population: | 267,345 |
Total Housing Units: | 104,018 |
Single Family Homes: | 36,684 |
Apartments: | 67,334 |
General Tax Rate (2023): | 2.246% |
Effective Tax Rate (2023): | 1.944% |
Compare To Other Towns |
Average Price* (12mo): | $671,552 |
Apatments Sold* (12mo): | 1,098 |
Homes : | $349,900 - 3,750,000 | 61 |
Condos : | $195,000 - 4,148,000 | 525 |
Co-ops : | $400,000 - 1,000,000 | 8 |
Twnhs : | $369,000 - 2,099,000 | 14 |
2-4 Fam : | $425,000 - 3,495,000 | 122 |
5+ Fam : | $1,250,000 - 1,650,000 | 2 |
Land : | $299,000 - 7,500,000 | 23 |
Rentals : | $1,750 - 16,500 | 36 |
Mixd Use : | $649,999 - 1,650,000 | 5 |
Com S : | - | |
Com L : | - | |
Biz : | $60,000 - 550,000 | 5 |
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All information deemed reliable but not guaranteed. Last date updated: 07/14/2025 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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