112 Duncan Ave - Apartments FOR SALE


Jersey City, NJ 07306- McGinley Square
$2,250,000 USD
112 Duncan Ave, Jersey City, NJ for Sale
$2,250,000 USD
Apartments - FOR SALE
1/43
null | 7.3% Cap Rate

112 Duncan Ave
Jersey City, NJ 07306
McGinley Square


HIGHLIGHTS

  • Fully Renovated in recent years
  • JSQ PATH-Near St. Peter's University -JFK Blvd
  • Desired 3 Bed/ 2 Bath Units

OVERVIEW

This fully occupied investment property offers a compelling opportunity in one of Jersey City's most accessible and evolving neighborhoods. The building was completely renovated several years ago and has been well maintained, providing investors with a stabilized asset and immediate income stream. Ideally located near Saint Peter's University, the Journal Square PATH Station, John F. Kennedy Boulevard, and McGinley Square, the property benefits from strong residential demand, excellent transportation access, and proximity to major employment, education, and retail amenities. With its desirable location and existing improvements, the property may also present an attractive opportunity for a future condominium conversion, subject to all applicable approvals and regulations.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$409 USD /SF

# OF UNITS

6

PRICE/UNIT

$375,000

CAP RATE

7.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Commercial 3S+Bt-F-6U

APN/PARCEL ID

06-16301-0000-00053

ASK ABOUT THIS PROPERTY

Alena CiccarelliAlena Ciccarelli PropertiesMore Info

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