360 Pacific Ave
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360 Pacific Ave
4 Unit Apartment Building $1,500,000 ($375,000/Unit) Jersey City, NJ 07304
Executive Summary
4 Family Brick Rowhome in a very desirable location of Bergen Lafayette. New residential and commercial developments all around. A great location for commuters- walk to transportation, restaurants, parks, shops and more. Current monthly rent roll is about $9000 +. Utilities Separate. All units are 2 bedrooms, top floor has a smaller second bedroom. Lot is 20x100. Perfect investment for the buyer looking to hold, collect, some good rent, and develop and renovate in a year or two. Updates to some of the units include more recent kitchen and baths. With a little more TLC, rents could be higher. Unit 1 is having updates done currently.
Property Facts
Price | $1,500,000 | Lot Size | 0.05 AC |
Price Per Unit | $375,000 | Building Size | 3,540 SF |
Sale Type | Investment | Average Occupancy | 100% |
No. Units | 4 | No. Stories | 4 |
Property Type | Multifamily | Year Built/Renovated | 1880/2019 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Low Rise |
Price | $1,500,000 |
Price Per Unit | $375,000 |
Sale Type | Investment |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Lot Size | 0.05 AC |
Building Size | 3,540 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built/Renovated | 1880/2019 |
Opportunity Zone |
Yes |
Unit Amenities
- Microwave
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Refrigerator
- Yard
Site Amenities
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
8+4 | 4 | - | 885 |
1 of 1
Walk Score ®
Very Walkable (86)
zoning
Zoning Code | Multi Family/ Residential (2 Residential) |
Multi Family/ Residential (2 Residential) |
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360 Pacific Ave
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