117 Grant Ave - Apartments FOR SALE


Jersey City, NJ 07305- Bergen-Lafayette
$1,450,000 USD
908-303-8055
117 Grant Ave, Jersey City, NJ for Sale
$1,450,000 USD
Apartments - FOR SALE
1/4
null | 5.94% Cap Rate

117 Grant Ave
Jersey City, NJ 07305
Bergen-Lafayette


HIGHLIGHTS

  • Convenient Infill Location
  • Walkable Location
  • Transit Oriented Location
  • Separately Metered Utilities
  • Strong Demographics
  • Significant Population Growth

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 117 Grant Avenue in Jersey City, New Jersey (“the Property”). The Property is improved by a three-story building that contains six (6), 3-Bedroom/1-Bathroom residential units. The building is situated on a 0.06-acre parcel of land. The Property is strategically located along Martin Luther King Drive Jersey City’s Bergen-Lafayette neighborhood. 117 Grant Avenue is just a short walk from Martin Luther King Drive, Bergen Avenue and John F Kennedy Boulevard, three of the area’s primary corridors. The location offers convenient access to a multitude of retail, dining, entertainment and transportation amenities in both Jersey City and neighboring Bayonne. Jersey City is a suburb of New York City, located in the heart of Hudson County within the New York metropolitan area. The affluent and densely populated area is 3-miles west of New York City.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$216 USD /SF

# OF UNITS

6

PRICE/UNIT

$241,667

CAP RATE

5.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

117 Grant Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,720 SF

ZONING

-

APN/PARCEL ID

06-23102-0000-00012

ASK ABOUT THIS PROPERTY

Carlos ZapataHorvath & TremblayMore Info
908-303-8055

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Carlos ZapataHorvath & TremblayMore Info
908-303-8055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.