219 Park Ave
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219 Park Ave
16 Unit Apartment Building $4,900,000 ($306,250/Unit) 5% Cap Rate Hoboken, NJ 07030
Executive Summary
219 Park Ave: 5 Story Brick Building Consisting of (15) Units, (10) 1 Bedrooms,(5) Studios on a 25X105 SF Lot
221 Park Ave: Single Story Brick Building Consisting of (1) Bedroom Apartment on a 16x105 SF Lot
Total Lot Size; 42x 105 SF
221 Park Ave: Single Story Brick Building Consisting of (1) Bedroom Apartment on a 16x105 SF Lot
Total Lot Size; 42x 105 SF
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,900,000 | Apartment Style | Mid Rise |
| Price Per Unit | $306,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 5% | Building Size | 10,015 SF |
| No. Units | 16 | No. Stories | 5 |
| Property Type | Multifamily | Year Built/Renovated | 1901/2002 |
| Property Subtype | Apartment |
| Price | $4,900,000 |
| Price Per Unit | $306,250 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 10,015 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1901/2002 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
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Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (84)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 05-00178-0000-00006 | Improvements Assessment | $1,372,000 (2024) |
| Land Assessment | $1,140,000 (2024) | Total Assessment | $2,512,000 (2024) |
PROPERTY TAXES
Parcel Number
05-00178-0000-00006
Land Assessment
$1,140,000 (2024)
Improvements Assessment
$1,372,000 (2024)
Total Assessment
$2,512,000 (2024)
zoning
| Zoning Code | R-1 |
| R-1 |
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219 Park Ave
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