42 Beacon Ave
Jersey City, NJ 07306
Multifamily Property For Sale · 8 Units

PROPERTY FACTS
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 6,000 SF |
Average Occupancy | 88% |
No. Stories | 4 |
Year Built | 1900 |
ABOUT 42 BEACON AVE , JERSEY CITY, NJ 07306
Marcus & Millichap has been selected to exclusively market for sale 42 Beacon Avenue, Jersey City, NJ 07306. The property is located in The Heights section of Jersey City between Baldwin Avenue & Palisade Avenue. This subject property features eight (8) one-bedroom, one-bathroom apartments which average approximately 650 square feet in size. Presently, two of the apartments have been gut-renovated, one remains vacant and gutted, and five are still to be renovated. The property rests as an excellent value-add opportunity for an investor seeking higher returns by renovating an asset. The well maintained, four story multifamily building is ideally positioned in Jersey City’s hottest market. The Heights has experienced a massive influx in development and capital investments as it remains a premier choice of residency for tenants seeking more affordable housing compared to the expensive downtown market.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 8 | - | 650 |
Listing ID: 11972143
Date on Market: 3/19/2018
Last Updated:
Address: 42 Beacon Ave, Jersey City, NJ 07306
The The Heights Multifamily Property at 42 Beacon Ave, Jersey City, NJ 07306 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Bushwick Apartment Buildings
- Upper East Side Apartment Buildings
- Northwestern Queens Apartment Buildings
- Williamsburg Apartment Buildings
- Central Queens Apartment Buildings
- Lower West Side Apartment Buildings
- Southwest Brooklyn Apartment Buildings
- Prospect Park Apartment Buildings
- Harlem Apartment Buildings
- Upper West Side Apartment Buildings
- Flatbush Apartment Buildings
- Downtown Brooklyn Apartment Buildings
- East Village Apartment Buildings
- Chelsea Apartment Buildings
- Lower East Side Apartment Buildings
NEARBY LISTINGS
- 6124 Jackson St, West New York NJ
- 105 Reade St, New York NY
- 271 Griffith St, Jersey City NJ
- 206 Stegman st, Jersey City NJ
- 159 Bleecker St, New York NY
- 310 E Houston St, New York NY
- 91-93 Baxter St, New York NY
- 264 Martin Luther King Jr Dr, Jersey City NJ
- 30 W 60th St, New York NY
- 128 E 7th St, New York NY
- 1049 West Side Ave, Jersey City NJ
- 43 Columbia Pl, Brooklyn NY
- 29 Essex St, New York NY
- 176 Stanton St, New York NY
- 235 E 22nd St, New York NY