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$1,999,000

Est. payment - /mo

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7,100 SqFt

Active

541 Newark Ave Jersey City, NJ 07306

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Isaac De Castro

idecastro@bhsusa.com +1(646) 626-7901

UPDATED:

09/01/2024 04:30 PM

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,100 sqft

Price per Sqft $281

Subdivision C2

MLS Listing ID 3921531

Year Built 1950

Annual Tax Amount $15,167

Tax Year 2023

Lot Size 2,613 Sqft

Property 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!

Location

State NJ

County Hudson

Zoning C2

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Wall A/C Unit(s)

Flooring Vinyl-Linoleum

Equipment Appliances, Kitchen Area

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks, Vinyl Siding

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Flat

Parking Type See Remarks

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by PROMINENT PROPERTIES SIR

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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Isaac De Castro

541 Newark Ave Jersey City, NJ 07306

Isaac De Castro

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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541 Newark Ave