This Multifamily Property is no longer advertised on LoopNet.com.
995 Summit Ave
Jersey City, NJ 07307
Multifamily Property For Sale · 24 Units
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INVESTMENT HIGHLIGHTS
- Value Add Multifamily
- Opportunity for rental increases through capitol improvements
- 4 Minute walk to bus stop
- Below market rents
- Rent control: annual CPI increases- June 2022 4.0%
- 20 Minute Commute to Midtown Manhattan
PROPERTY FACTS
No. Units | 24 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.11 AC |
Building Size | 14,252 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 1937 |
UNIT AMENITIES
- Heating
- Tile Floors
- Hardwood Floors
- Views
SITE AMENITIES
- Controlled Access
- Property Manager on Site
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 1 | - | - |
1+1 | 20 | - | - |
2+1 | 3 | - | - |
PROPERTY TAXES
Parcel Number | 06-02704-0000-00023 | Improvements Assessment | $1,621,500 |
Land Assessment | $1,080,000 | Total Assessment | $2,701,500 |
Listing ID: 25996510
Date on Market: 6/22/2022
Last Updated:
Address: 995 Summit Ave, Jersey City, NJ 07307
The The Heights Multifamily Property at 995 Summit Ave, Jersey City, NJ 07307 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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