184 Ocean Ave - Apartments FOR SALE


Jersey City, NJ 07305- Greenville
$900,000 USD
201-215-1811
184 Ocean Ave, Jersey City, NJ for Sale
$900,000 USD
Apartments - FOR SALE
1/5
null | 6.67% Cap Rate

184 Ocean Ave
Jersey City, NJ 07305
Greenville


HIGHLIGHTS

  • Convenient Infill Location
  • Walkable Location
  • Transit Oriented Location
  • Separate Utilities
  • Strong Demographics
  • Significant Population Growth

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use investment property located at 184 Ocean Avenue in Jersey City, New Jersey (“the Property”). The Property is improved by a three-story building that contains three (3) units, comprised of one commercial unit on the ground floor, and two (2), 4-Bedroom/1-Bathroom residential units on the upper floors. The building is situated on a 0.06- acre parcel of land. 184 Ocean Avenue is well-located in Jersey City’s Greenville neighborhood, a highly walkable urban infill area with a convenient array of retail, dining, entertainment and transportation amenities. The Property is just 0.4 miles from both John F Kennedy Boulevard, one of the area’s primary commercial corridors, and the Danforth Station, offering service on the Hudson Bergen Light Rail. Bus service is directly available along Ocean Avenue and many of the nearby streets. Jersey City is a suburb of New York City, located in the heart of Hudson County within the New York metropolitan area. The affluent and densely populated area is 3-miles west of New York City.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$177 USD /SF

# OF UNITS

2

PRICE/UNIT

$450,000

CAP RATE

6.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

06-29404-0000-00007

ASK ABOUT THIS PROPERTY

Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

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

Mike AgrifolioHorvath & TremblayMore Info
201-215-1811

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