Apartment Buildings /NJ /Hudson County /Jersey City /19 Orchard St
Apartment Buildings /NJ /Hudson County /Jersey City /19 Orchard St

19 Orchard St - Apartments FOR SALE


Jersey City, NJ 07306- McGinley Square | 
$1,575,000 USD
201-218-9156
19 Orchard St, Jersey City, NJ for Sale
$1,575,000 USD
Apartments - FOR SALE
1/3
null | 6.48% Cap Rate
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19 Orchard St
Jersey City, NJ 07306
McGinley Square

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HIGHLIGHTS

  • Exempt from rent control
  • 20% Upside
  • Average Rents $2,003, with Market Rents $2,400+
  • 100% Free Market (rent control exempt)
  • Landlord pays for common area electric & sewer
  • Prime Location in McGinley Square

OVERVIEW

Broker of Record Patrick Forde License # 2330333 (NJ) Matthews Real Estate Investment Services, Inc 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

6

PRICE/UNIT

$262,500

CAP RATE

6.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mcginley Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,751 SF

ZONING

R-2

APN/PARCEL ID

06-15201-0000-00041

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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