243 Duncan Ave
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243 Duncan Ave
6 Unit Apartment Building $1,200,000 ($200,000/Unit) Jersey City, NJ 07306
Executive Summary
Three-story apartment building in the booming Journal Square section of Jersey City, just minutes from the PATH. The property features six box-style apartments with 2 bedrooms, one gas furnace with six separate heating zones, and sits on a large 31 x 140 lot. Currently, one unit is vacant. This value-add multifamily opportunity is in good condition, low maintenance, and offers a strong rent roll, making it an excellent investment.
Property Facts
| Price | $1,200,000 | Apartment Style | Low Rise |
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 6 | Building Size | 4,332 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Price | $1,200,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,332 SF |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Amenities
- Washer/Dryer Hookup
- Heating
- Kitchen
- Sprinkler System
- Tub/Shower
Site Amenities
- 24 Hour Access
- Public Transportation
- Walk-Up
- Smoke Detector
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 06-16101-0000-00009 | Improvements Assessment | $342,300 |
| Land Assessment | $210,000 | Total Assessment | $552,300 |
PROPERTY TAXES
Parcel Number
06-16101-0000-00009
Land Assessment
$210,000
Improvements Assessment
$342,300
Total Assessment
$552,300
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Christopher Cervelli -
Michael Cervelli Real Estate, LLC
(201) 868-6300
x18
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243 Duncan Ave
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