103 Bostwick Ave | Jersey City, NJ 07305
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
103 Bostwick Ave
Jersey City, NJ 07305
Multifamily Property For Sale · 14 Units
Investment Highlights
- The building will be delivered with approvals for 12 apartments & 2 stores. The existing building is currently vacant & gutted to the studs
- The asking price is $1,890,000 at an attractive $135,000 per unit, with a projected 22% cash on cash return & 8% yield on cost at completion.
- The property is approximately a 5-minute walk to JFK Blvd at Broadman Parkway Bus Stop which provides a 45-minute trip into Midtown Manhattan.
- The projected gross rent roll is $380,400 and net income of $255,137.
- The building is located in the Greenville Section of Jersey City.
- he property is also 3.5 miles from the Journal Square PATH station which offers a 15-minute commute to the World Trade Center
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 14,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 2000 |
| Building Class | C |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 14,000 SF |
| No. Stories | 3 |
| Year Built | 2000 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
PROPERTY TAXES
| Parcel Number | 06-23405-0000-00025 | Improvements Assessment | $393,400 |
| Land Assessment | $150,000 | Total Assessment | $543,400 |
PROPERTY TAXES
Parcel Number
06-23405-0000-00025
Land Assessment
$150,000
Improvements Assessment
$393,400
Total Assessment
$543,400
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
