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Description

Mixed-Use Property in Journal Square, Jersey City! Unlock a lucrative opportunity in this beautifully renovated property featuring: - Prime Location:High foot traffic & great access to public transport! - Mixed-Use: Commercial space + 4 apartments + single family - Financial Benefits:Below market rents with no rent control and a potential cap rate of 6.2%! - Modern Upgrades:High-end finishes & energy-efficient appliances!

Features

Heating System : See Remarks
Cooling System : Wall A/c Unit(s)
Basement : Finished
Roof Deck : Flat
Furnished : Vinyl-linoleum
Lot Description: Irregular Lot
Tax Assessed Valuation: 675000
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: Electric, Gas-Natural, See Remarks
Internet

Additional Info

Office Name: PROMINENT PROPERTIES SIR
Office MLS ID: 148818
Agent ID: 403714
Tax: 15167
Tax Year: 2023
Application Fee: $0
Zoning: C2

Commercial For Sale

For Sale

$1,999,000

541 Newark Ave, Jersey City, *

25 Acre
Built Year 1950

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5310134
Price: $1,999,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1950
Year Built Description: Renovated
Lot Area: 25 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Hudson
City Jersey City
Zipcode *
Subdivision: C2
Street: Newark Ave
Street Number: 541
Street Direction: Between Chestnut and Baldwin
Building Name: 541
Floor Number: 0
Longitude: W75° 56' 38.2''
Latitude: N40° 43' 51.3''
Internet Display Address: Yes