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JC, Heights, New Jersey NJ 07307
Price: $2,250,000
Listing ID 210021246
Full Baths 7
Total Baths 9
Partial Baths 2

Property Description:

Rare opportunity to own this ground-up 2021 new construction property in the prime location of Jersey City Heights. This 50 foot wide, 5 unit building located on a massive 50' x 100’ IRR lot, comes equipped with private Garage Parking for the busy curbsides of Jersey City Heights. Huge potential for continued Market Rent and tax abatement eligibility with condominium conversion. Approximately 4200 square feet of living space with approximately 2000 square feet of common amenities. The building is comprised of 3, 2 and 1 bedroom units. Each unit features luxury condominium finishes, expansive living room, beautiful classic grey hardwood flooring, Quartz Countertops, Stainless steel appliances, in-unit laundry hookups, French balconies, video intercom security and much more.. Situated at a one minute walk to John F. Kennedy Boulevard bus Stop, hop on Bus #125 direct to New York Port Authority Bus Terminal in 24 mins. 2 blocks to Washington Park and Central Avenue, makes sporting activities, grocery shopping, dining, quick coffee runs and bank visits a breeze. Great low maintenance building for long term investment at a high Cap rate in the area. Fully Occupied, cash flowing property! 1031 Exchange investors welcome!

Primary Features

Area: JC, Heights
Number of Units: 5
Mixed Use: no
Estimated Gross Income: 1470000
Estimated Operating Expense: 10,385
Approximate Lot Size: 50x100 IRR
Elevators: no
Number of Parking Spaces: 4
Items Included: Home Fixtures, Kitchen Appliances

Interior Features

Half Baths: 2

External Features

Covered Parking: Yes
Number of Stories: 3

Location Information

Between: JFK Blvd & Poplar
Block: 00801
Lot: 00012
Section: Heights

Financial Details

Rent Control: no
Sale/Rent: For Sale
Tax ID: 16374
Taxes: 7245


Approximate Building Age: New
Charge: yes

Zoning Info

© 2021 Hudson County Multiple Listing Service (HCMLS). The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Hudson Place Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing courtesy of EXP REALTY LLC (866) 201-6210. Data last updated: Wednesday, December 1st, 2021 07:29:31 PM.

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