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347 7Th St

Jersey City, NJ 07302
  • $3,100,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 3823925
UPDATED: 81 min ago
$3,100,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $689
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

All BRICK SOLID INVESTMENT OPPORTUNITY IN JC DOWNTOWN GUT RENOVATION COMPLETED IN 2017 Other recent improvements completed include hallway renovation and roof. 6 Units Feature 2 beds &1 full baths approx 700-750 sq ft. All Separate Utilities w washer / dryer units, HVAC, SS Appliances, Custom kitchens and hardwood flooring. 1st floor units (2) have outdoor space, and top unit (Apt 5) has exclusive roof deck access. Building is fully occupied Tenants pay ALL utilities except cold water. Rents are below current market value and can be increased with modest capital improvements Building is self managed

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-02T18:46:47.34.
www.providentlegacyres.com/homes/135970364
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347 7Th St Jersey City, NJ 07302

  • Price: $3,100,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 81 min ago
  • MLS #: 3823925
0
Beds
0
Baths
0
½ Baths
0.06
Acres
4,500
SQFT
$689
$/SQFT
Neighborhood:
Jersey City Downtowm
County:
Hudson
Area:
Jersey City
Property Description
All BRICK SOLID INVESTMENT OPPORTUNITY IN JC DOWNTOWN GUT RENOVATION COMPLETED IN 2017 Other recent improvements completed include hallway renovation and roof. 6 Units Feature 2 beds &1 full baths approx 700-750 sq ft. All Separate Utilities w washer / dryer units, HVAC, SS Appliances, Custom kitchens and hardwood flooring. 1st floor units (2) have outdoor space, and top unit (Apt 5) has exclusive roof deck access. Building is fully occupied Tenants pay ALL utilities except cold water. Rents are below current market value and can be increased with modest capital improvements Building is self managed
Exterior Features

Approximate Lot Size 25.28X100 Construction Brick/Block Exterior Description Brick/Block Location Residential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinished Cooling 4+ UnitsCentral Air Equipment Available Appliances Floors Wood Heating 4+ UnitsForced Hot Air Max Ceiling Height 10 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 6 Office Sq Ft 0

Property Features

Building Number 347 Expenses Include Taxes For Sale Or Lease For Sale Gross Operating Income 154524 Net Operating Income 116852 Permitted Use Multifamily Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building Only Sewer Public Sewer Suite Number 0 Tax Amount 19519 Tax Rate Amount 2.118 Tax Rate Year 2022 Tax Year 2022 Tenant Pays ElectricGasHeatHot Water Total Operating Expense 37672 Utilities Gas In Street Utilities Paid By Tenant Water Public Water Zoning Res

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of C-21 Preferred Realty, Inc: 908-688-3311.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-02-02T18:46:47.34.
 
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Provident Legacy Real Estate Services, LLC
177 Broadway
Bayonne NJ, 07002