187 Beacon Ave - Apartments FOR SALE


Jersey City, NJ 07306- The Heights
$1,500,000 USD
201-884-1046
187 Beacon Ave, Jersey City, NJ for Sale
$1,500,000 USD
Apartments - FOR SALE
1/17
null | 5% Cap Rate

187 Beacon Ave
Jersey City, NJ 07306
The Heights


HIGHLIGHTS

  • Turnkey investment with all unit currently leased
  • Strong rental history with consistent income
  • Low maintenance structure ideal for both new and seasoned investors
  • Located in a high-growth Jersey City neighborhood with continued appreciation potential

OVERVIEW

ntroducing a fully occupied 6 unit apartment building in the heart of Jersey City Heights. Perfect for any investor seeking strong, stable cash flow with minimal turnover. This well-maintained property features six income producing residential units, all secured with active leases, providing immediate and reliable returns from day one. Generating an estimated annual revenue of approximately $90,000, this asset delivers a solid 5% cap rate, making it a rare find in today’s competitive market. Tenants enjoy proximity to major transportation, parks, schools, shopping and restaurants, ensuring ongoing demand and long-term occupancy. Additional highlights include: - Turnkey investment with all unit currently leased - Strong rental history with consistent income - Low maintenance structure ideal for both new and seasoned investors - Located in a high-growth Jersey City neighborhood with continued appreciation potential Whether you’re expanding your portfolio or seeking a dependable income producing property, this 6 unit building offers the perfect combination of location, stability and long term upside. Don’t miss your change to secure a prime multi family asset in one of the New Jersey’s most sought-after markets

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$496 USD /SF

# OF UNITS

6

PRICE/UNIT

$250,000

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R-2

APN/PARCEL ID

06-05603-0000-00002

ASK ABOUT THIS PROPERTY

PEE BURACH PROPERTY BROKERSMore Info
201-884-1046

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PEE BURACH PROPERTY BROKERSMore Info
201-884-1046

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