201-892-9933
151 Sip Ave, Jersey City, NJ for Sale
Apartments - FOR SALE
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151 Sip Ave
Jersey City, NJ 07306
Journal Square


OVERVIEW

43 units for sale in the heart of Journal Square. Walking distance to Path Train Station. 31 units 1 bedroom, 10 units 2 bedroom. 1 studio and 1 super's. Building is a great investment opportunity with value add. Actual gross income $972,107 with a 4% CPI increase, $9,600 yearly laundry income, NOI 732,135, annual expenses $249,573 . All separate utilities. Tenant pays heat. Newly updated elevator. Security system. Laundry in facility.

FOR SALE DETAILS

PRICE

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# OF UNITS

42

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-3, Jersey City

APN/PARCEL ID

06-12103-0000-00010

ASK ABOUT THIS PROPERTY

Maggie Abdo-Manno, CCIMCENTURY 21 Semiao & AssociatesMore Info
201-892-9933

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Maggie Abdo-Manno, CCIMCENTURY 21 Semiao & AssociatesMore Info
201-892-9933

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.