Jersey City Portfolio (JSQ & Greenville)

This offering presents a prime investment opportunity with two strategically located multifamily properties in Jersey City, each designed for low-maintenance operation and long-term value growth.
The first property, located in the thriving Greenville section, comprises six spacious 2-bedroom apartments, each with separate utilities for simplified management. Tenants benefit from proximity to Berry Lane Park and the Light Rail, ensuring easy access to recreational spaces and public transit. A clean, unfinished basement offers potential for added income through coin-operated laundry or storage lockers. Recently inspected with a green card on hand, this building requires no immediate work, and future rent increases are feasible through standard upgrades, making it a compelling choice for investors or as part of a 1031 exchange.
The second property is situated in the desirable Journal Square area and consists of five fully-occupied units with a varied mix: a 3-bedroom, a 2-bedroom, two 1-bedroom units, and a studio. Each unit has separate utilities, enhancing cost-efficiency for the owner. Like the Greenville property, this building also offers a clean, unfinished basement for potential income-generating amenities. This fully-occupied asset is well-suited for steady income and potential growth through incremental improvements, making it another attractive candidate for a 1031 exchange.
Both properties offer investors turnkey solutions with immediate cash flow, potential for appreciation, and value-add possibilities in Jersey City’s high-demand rental markets.