134 Cottage St, JC, Journal Square, NJ 07306
sale
$3,250,000
|
Investment
Courtesy Of Weichert Realtors
Incredible investment in JSQ redevelopment and opportunity Zone. This ground-up 2017, newly constructed 8 unit building consists of 3 one bed & one bath, 1 two bed & one bath, and four 2 bed & 2 bath units. 6 of the 8 units have outdoor space. All units have in-unit washer dryer closets and on-demand hot water heaters in-unit utility closets, equipped with wall units that provide heat and A/C on demand. All utilities are separate, and rent control does not apply. Gross income $210,000, 2019 expenses were ~ $ 18,000, providing a 5.9% cap rate. A great alternative for a 1031 exchange client.
Read More About This Property
Read Less About This Property
Copyright © 2021 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Architecture Style: Other
- Building Units: 8
- Floors: 3.0
- MLSID: 202025368
- Roof Type: Unknown
Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$2,397,000
Other
Jersey City, NJ 07305
Land: 0.84 Acres
Courtesy Of RE/MAX Preferred Professionals
lease
$5,500
DOCTORS OFFICE
282 Grand St 1
JC, Downtown, NJ 07302
Courtesy Of Keller Williams City Life JC Realty
lease
$4,900
Restaurant
177 York St 1
JC, Downtown, NJ 07302
Courtesy Of Liberty Realty
lease
$3,600
WAREHOUSE
78 Lake St 1 & 2
JC, Heights, NJ 07306
Courtesy Of Keller Williams City Life JC Realty