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409 Ocean Ave

Jersey City, Greenville, NJ 07305
  • $4,000,000
  • STATUS: Active
  • ON SITE: 151 Days
  • MLS #: 250014106
UPDATED: 237 min ago
$4,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 16
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

"THE OCEAN" is a "CLASS A" mixed use 17 unit brick building, located in the vibrant section of Greenville Jersey City!!! This 3 story walkup has gone through a complete renovation and conversion from warehouse to residential. The property offers a strong mix of 12-two bedroom, with 4-one bedroom units. Plus an approx 1400 sqf retail space being leased to a local daycare. All units feature hardwood floors, granite countertops, central AC, washed dryer hookups in the units with many more upgrades. All utilities such as heat, gas, hot water and electric are separate and paid by the tenants. Currently generating strong rental income of an approx. 7.5% cap rate with room for upside. The property has never been registered yet since the rehabilitation. Conveniently located a few blocks to the LIGHT RAIL, buses, highways, shopping, Bayside and Liberty Parks and so on!! Inquire for more info today!!!

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© 2025 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-10T00:25:33.9.
www.bestofhobokenhomes.com/homes/165794103
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409 Ocean Ave Jersey City, Greenville, NJ 07305

  • Price: $4,000,000
  • Status: Active
  • On Site: 151 Days
  • Updated: 237 min ago
  • MLS #: 250014106
0
Beds
16
Baths
1
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Greenville
County:
Hudson
Area:
Jersey City, Greenville
Property Description
"THE OCEAN" is a "CLASS A" mixed use 17 unit brick building, located in the vibrant section of Greenville Jersey City!!! This 3 story walkup has gone through a complete renovation and conversion from warehouse to residential. The property offers a strong mix of 12-two bedroom, with 4-one bedroom units. Plus an approx 1400 sqf retail space being leased to a local daycare. All units feature hardwood floors, granite countertops, central AC, washed dryer hookups in the units with many more upgrades. All utilities such as heat, gas, hot water and electric are separate and paid by the tenants. Currently generating strong rental income of an approx. 7.5% cap rate with room for upside. The property has never been registered yet since the rehabilitation. Conveniently located a few blocks to the LIGHT RAIL, buses, highways, shopping, Bayside and Liberty Parks and so on!! Inquire for more info today!!!
Exterior Features

Lot Size 63.15X105X63X98 Stories 3

Interior Features

One Bedrooms 4 Two Bedrooms 12

Property Features

Commercial Type Investment Internet Yes Lead Paint Form Yes Mixed Use Yes Taxes 55644

Listing provided courtesy of EXP REALTY LLC:866-201-6210.


© 2025 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or PRIME Real Estate Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than PRIME Real Estate Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2025-12-10T00:25:33.9.
 
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Hoboken NJ, 07030