196 Morgan St - Office FOR SALE


Jersey City, NJ 07302- Downtown Jersey City
$4,099,000 USD
201-388-0013
196 Morgan St, Jersey City, NJ for Sale
$4,099,000 USD
Office - FOR SALE
1/28
null | Request Cap Rate

196 Morgan St
Jersey City, NJ 07302
Downtown Jersey City


OVERVIEW

A rare opportunity for an investor or owner/user. 3-Story brick building in the heart of Downtown Jersey City just one block from Grove St. Path Station. Approx. 6750 sq. ft. It is located in the Morgan/Grove/Marin Redevelopment Plan allowing the development as of right an additional story making the building 4-story. Ideal for residential, and commercial. Attractive zoning, currently 3-story. Top floor is 2300 sq. ft. loft space and is vacant just in case a prospective buyer would like to be owner/user for the building. Ideal for work space or live-in. First floor is currently a dance school. Rent is $5200/Month. Second Floor is 2-BR, rented for $3950/month. It will not last. Please call for more information and private showing

FOR SALE DETAILS

PRICE

$4,099,000 USD

PRICE/SF

$586 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

Morgan Grove Marin, NC

APN/PARCEL ID

06-11507-0000-00025

ASK ABOUT THIS PROPERTY

Medhat DewaikColdwell Banker Commercial RealtyMore Info
201-388-0013

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Medhat DewaikColdwell Banker Commercial RealtyMore Info
201-388-0013

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