Commercial space For Sale in Jersey City, NJ
MLS# : 250003318
PROPERTY DETAILS
PROPERTY DESCRIPTION
Investment Opportunity! 9-Unit Multifamily Property in Prime Bergen-Lafayette, Jersey City. Don’t miss this incredible opportunity in the heart of Bergen. This 4-story multifamily property with 9 units offers significant potential for renovation and profit! Featuring spacious rooms, high ceilings, new windows, and renovated floors, the building is filled with natural light. Enjoy a rooftop with stunning NYC view!! Property Layout: Full Basement. First Floor: (3 units)- 2 Bed, 1 Bath; 1 Bed, 1 Bath; 1 Bed, 1 Bath. Second Floor: (2 units)- 2 Bed, 1 Bath; 3 Bed, 1 Bath. Third Floor: (2 units) -2 Bed, 1 Bath; 3 Bed, 1 Bath. Fourth Floor: (2 units)- 2 Bed, 1 Bath; 3 Bed, 1 Bath. This property is located near major roads, shopping, restaurants, and entertainments. Being sold AS IS this property allow Buyers to bring their vision and complete their own due diligence. With the right updates, this building has great income potential in a sought-after location! Don’t miss this chance to transform and profit! Take advantage of Bergen-Lafayette’s rising real estate market—fix, invest, and profit!
Amenities
This listing is a courtesy of KELLER WILLIAMS REALTY WEST MONMOUTH
732-536-9010 office, listing agent MILANA SABALEUSKAYA
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $711,295 |
| Homes Sold* (12mo): | 213 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $657,792 |
| Apatments Sold* (12mo): | 1,062 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $375,000 - 3,000,000 | 59 |
| Condos : | $155,000 - 4,148,000 | 362 |
| Co-ops : | $549,000 - 549,000 | 1 |
| Twnhs : | $399,900 - 1,749,000 | 13 |
| 2-4 Fam : | $384,900 - 2,750,000 | 112 |
| 5+ Fam : | $1,200,000 - 1,650,000 | 4 |
| Land : | $299,000 - 5,500,000 | 14 |
| Rentals : | $1,546 - 7,095 | 71 |
| Mixd Use : | $1,200,000 - 3,500,000 | 9 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $60,000 - 2,000,000 | 8 |
