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This Multifamily Property is no longer advertised on LoopNet.com.

430 Ocean Ave
Jersey City, NJ 07305

Multifamily Property For Sale · 4 Units

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.07 AC
Building Size 3,200 SF
Average Occupancy 75%
No. Stories 2
Year Built/Renovated 1923/2016

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Range
  • Basement
  • Den

About 430 Ocean Ave , Jersey City, NJ 07305

4 Family Brick building with easy access to light rail and downtown Jersey City/NYC. Great cash flow and future upside. Prime real estate location, close to all major transportation, parks, etc. Gross rent: $61,200 taxes: $5,657 water: $4,800 Gas/electric: $5,100 Insurance: $2,700 Super: $1,200 Repairs: $2,000 Misc: $500 Net Income: $39,200 Current cap rate: 6.5%

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 15537520

  • Date on Market: 3/25/2019

  • Last Updated:

  • Address: 430 Ocean Ave, Jersey City, NJ 07305

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