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    761 Ocean Ave

    Jc, West Bergen, NJ 07304
    • $975,000
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: 210016463
    $975,000
    • 0
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    Description

    When a fully occupied, mixed use 6-unit property like this comes on the market, you simply buy it. Located on a corner lot in the rapidly expanding West Bergen area of Jersey City, this available and well maintained building boasts a current 7.1% cap rate. This 3 story building included 2 units on each floor. First floor has a grocery store and a barbershop. Second floor has two 2BR apartments. Third floor has one 2BR apartment and one 3BR apartment. All units are occupied and all tenants are paying. Market rents for the 4 residential units are $1500, $1,500, $1,500, and $1900!! Potential NOI of $86,680 annually! Inquire within for more information, offers, and showings.

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    © 2021 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: 2021-09-27T00:25:28.867.
    www.bestofhobokenhomes.com/homes/119135009
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    761 Ocean Ave Jc, West Bergen, NJ 07304

    • Price: $975,000
    • Status: Active
    • MLS #: 210016463
    0
    Beds
    5
    Baths
    2
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, West Bergen
    Area:
    Jc, West Bergen
    Property Description
    When a fully occupied, mixed use 6-unit property like this comes on the market, you simply buy it. Located on a corner lot in the rapidly expanding West Bergen area of Jersey City, this available and well maintained building boasts a current 7.1% cap rate. This 3 story building included 2 units on each floor. First floor has a grocery store and a barbershop. Second floor has two 2BR apartments. Third floor has one 2BR apartment and one 3BR apartment. All units are occupied and all tenants are paying. Market rents for the 4 residential units are $1500, $1,500, $1,500, and $1900!! Potential NOI of $86,680 annually! Inquire within for more information, offers, and showings.
    Exterior Features

    Covered Parking No Lot Size 24.5 X 90 Number Parking Spaces 0 Stories 3

    Interior Features

    Three Bedrooms 1 Two Bedrooms 3

    Property Features

    Commercial Type Investment Easements No Elevators No Gross Income 93563 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses 24525 Taxes 10110

    Listing provided courtesy of Liberty Realty Llc:201-222-2900.


    © 2021 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: 2021-09-27T00:25:28.867.
     
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    PRIME Real Estate Group
    98 Park Avenue
    Hoboken NJ, 07030