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541 Newark Ave

Jersey City, Journal Square, NJ 07304
  • $1,999,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 240016702
UPDATED: 44 min ago
$1,999,000
  • 6
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Mixed-Use Property in Journal Square, Jersey City! Unlock a lucrative opportunity in this beautifully renovated property featuring: - Prime Location:High foot traffic & great access to public transport! - Mixed-Use: Commercial space + 3 apartments + bonus unit! - Financial Benefits:Below market rents with no rent control and a potential cap rate of 6.2%! - Modern Upgrades:High-end finishes & energy-efficient appliances! Unit 2L - 2 bed/2bath Unit 2R- 2bed/2 bath Unit 3R - 2bed/ 2 bath Unit 3L- 2 bed / 2bath Unit 5- ( single family) 3 bed 1 bath Commercial - bike store Dont miss out on this thriving investment!

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© 2024 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: 2024-10-05T16:25:50.923.
www.bestofhobokenhomes.com/homes/154002635
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541 Newark Ave Jersey City, Journal Square, NJ 07304

  • Price: $1,999,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 44 min ago
  • MLS #: 240016702
6
Beds
6
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jersey City, Journal Square
County:
Hudson
Area:
Jersey City, Journal Square
Property Description
Mixed-Use Property in Journal Square, Jersey City! Unlock a lucrative opportunity in this beautifully renovated property featuring: - Prime Location:High foot traffic & great access to public transport! - Mixed-Use: Commercial space + 3 apartments + bonus unit! - Financial Benefits:Below market rents with no rent control and a potential cap rate of 6.2%! - Modern Upgrades:High-end finishes & energy-efficient appliances! Unit 2L - 2 bed/2bath Unit 2R- 2bed/2 bath Unit 3R - 2bed/ 2 bath Unit 3L- 2 bed / 2bath Unit 5- ( single family) 3 bed 1 bath Commercial - bike store Dont miss out on this thriving investment!
Exterior Features

Exterior Finish Other-See Remarks Parking None Style Multi-Level

Interior Features

Basement None Floor1 Rooms 0 Floor2 Rooms 10 Floor3 Rooms 6 Floor4 Rooms 0 Heating Cooling A/C CentralBaseboard Level2 Baths 4 Level2 Bedrooms 4 Level3 Baths 2 Level3 Bedrooms 2 Total Other Rooms 0

Property Features

Floor1 Rent 1750 Floor2 Rent 4500 Floor3 Rent 4700 Inclusions washer and dryer room. Insurance Expense 8800 Internet Yes Lead Paint Form Yes Multifamily Type 4 Family Section Journal Square Taxes 15156 Utility Expense 2547 Water Sewer Expense 4236

Listing provided courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY:201-333-7717.


© 2024 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: 2024-10-05T16:25:50.923.
 
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PRIME Real Estate Group
98 Park Avenue
Hoboken NJ, 07030