397 Communipaw Ave - Apartments FOR SALE


Jersey City, NJ 07304- Bergen-Lafayette
$1,248,000 USD
646-334-0559
397 Communipaw Ave, Jersey City, NJ for Sale
$1,248,000 USD
Apartments - FOR SALE
1/12
null | 5.78% Cap Rate

397 Communipaw Ave
Jersey City, NJ 07304
Bergen-Lafayette


OVERVIEW

Discover a remarkable investment opportunity or potential for owner use with this 3-family property located in the vibrant Jersey City, Bergen Lafayette section. Surrounded by new residential developments, this property promises the potential for an excellent ROI. Features include a duplex unit with 4 Bedrooms, 2 full bathrooms and exclusive access to a private backyard, along with two additional 2-bedroom, 1-bathroom units. All units boast updated kitchens and bathrooms, complemented by interior common hallways showcasing original pine wood floors, soaring ceilings, and a rustic design staircase that highlights the historical charm of this distinctive property. Conveniently situated near shopping centers, parks, and major highways, this property offers a quick commute to NYC via the Path Train or Holland Tunnel. Don’t miss this opportunity – schedule a visit today to explore the potential of this exceptional property.

FOR SALE DETAILS

PRICE

$1,248,000 USD

PRICE/SF

$61 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,000

CAP RATE

5.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R2

APN/PARCEL ID

06-20101-0000-00040

ASK ABOUT THIS PROPERTY

Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

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Francesco MazzaferroTeam-Francesco Commercial LLCMore Info
646-334-0559

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