Property Details


Listing ID: 170002693
Price: $569,000
Address: 508 MERCER ST
City: JC, Journal Square
State: New Jersey
Postal Code: 07306
Total Baths: 5
Full Baths: 4
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

Block: 12201
County: Hudson
Elevators: no
Handicapped Access: no
Number of Stories: 3
Property Type: Commercial Investment
Sale/Rent: For Sale
Section: Journal Square

Additional

DOM: 63
Easements: no
Flood: None
Fuel: Gas
Mixed Use: yes

Interior Features

Number of Units: 3
Total Half Baths: 1
Total Number of 2BR: 2

Location Information

Between: Bergen Ave & Summit Ave

External Features

Financial Details

Expense Sheet Attached: yes
Rent Control: no
Taxes: 8979

Zoning Info


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