$3,528,000 USD
201-218-9156
201-203 Claremont Ave
Jersey City, NJ 07305
Bergen-Lafayette
HIGHLIGHTS
- Value-Add Opportunity | 17 Units | 32% Upside | 6.60% Cap Rate | Less than 25 minutes to Manhattan
- Building Highlights | Brick Building | Renovated Units | Strong unit mix of two- & three-bedroom units | Separately metered units
- Tenants pay for cooking gas & electric | Landlord pay for heat, hot water, common area electric & water/sewer | Prime Location in Bergen Lafayette
- The building is approximately an 7-minute walk to the MLK Drive light rail stop which provides a 17 minute ride to Manhattan via the PATH train.
FOR SALE DETAILS
PRICE
$3,528,000 USD
PRICE/SF
$209 USD /SF
# OF UNITS
17
PRICE/UNIT
$207,529
CAP RATE
6.6%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
201 Claremont Ave
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
5
YEAR BUILT
1925
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.13 AC
LAND SF
5,531 SF
ZONING
R-1
APN/PARCEL ID
06-23101-0000-00012
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
201-218-9156
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
201-218-9156
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
