Property Details

Listing ID: 170002692
Price: $569,000
Address: 508 MERCER ST
City: JC, Journal Square
State: New Jersey
Postal Code: 07306
Bedrooms: 4
Total Baths: 4
Full Baths: 3
Partial Baths: 1
County: Hudson
Mixed-use corner property consisting of 2 2-br apartments and 1 store, currently rented to a Deli. Building is fully occupied. Both apartments were renovated about 3 years ago. Potential for value add by increasing rents to market and possibly converting the backyard of the building to a parking space. Located on the corner of Summit Avenue and Mercer Street, directly behind the JC National Guard Armory, 1 block from Montgomery, and a few blocks from the Journal Square Path Station lies this income producing building in McGinley Square. It is situated just a few minutes away from The Beacon apartment buildings. McGinley Square is going through a tremendous revitalization through Jersey City's redevelopment plan.

Primary Features

Area: JC, Journal Square
Building Style: Other-See Remarks
County: Hudson
Exterior Finish: Aluminum/Vinyl
Heating/Cooling: Baseboard, Gas
Property Subtype: 2 Family
Property Type: Multifamily
Section: Journal Square


Status Category: Active

Financial Details

Associated Document Count: 2
DOM: 68
HotSheet Date: 2017-02-21
Sale/Rent: For Sale
Search Price: 569000
Taxes: 8979

Interior Features

Basement: Unfinished

Location Information

Between: Bergen Ave & Summit Ave

External Features

Lot Size: 2682
Parking Available: Other-See Remarks

Zoning Info

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Listing courtesy of LIBERTY REALTY LLC (201)-222-2900.
Data services provided by IDX Broker